Suppose θb is an unbiased point estimator for a parameter θ. We obtain 10,000 different random samples and we compute the value of θb every time. Can we say that θb will underestimate θ a total of 5000 times and it will overestimate θ another 5000 times? What do you expect to see in this experiment?
Suppose θb is an unbiased point estimator for a parameter θ. We obtain 10,000 different random samples and we compute the value of θb every time. Can we say that θb will underestimate θ a total of 5000 times and it will overestimate θ another 5000 times? What do you expect to see in this experiment?
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter1: Functions
Section1.2: The Least Square Line
Problem 1E
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Suppose θb is an unbiased point estimator for a parameter θ. We obtain 10,000 different random samples and we compute the value of θb every time. Can we say that θb will underestimate θ a total of 5000 times and it will overestimate θ another 5000 times?
What do you expect to see in this experiment?
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