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    Tutorial 17

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    Birdsflyingonthesky

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    © All Rights Reserved
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    Tutorial 17

    Uploaded by

    Birdsflyingonthesky
    6 views1 page

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    6 views1 page

    Tutorial 17

    Uploaded by

    Birdsflyingonthesky

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    © All Rights Reserved
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    Probability & Statistics

    Tutorial 17

    1. Suppose that E(X1) = µ, Var(X1) = 10, E(X2) = µ and Var(X2) = 15. Consider
    the point estimates
    µ
    b1 =
    X1 X2
    2
    +
    2
    , µb2 =
    X1 3X2
    4
    +
    4
    and µ
    b3 =
    X1 X2
    6
    +
    3
    + 9.

    (a) Calculate the bias of each point estimate. Is any one of them unbiased?
    (b) Calculate the variance of each point estimate. Which one has the smallest
    variance?
    (c) Calculate the mean square error of each point estimate. Which point estimate
    has the smallest mean square error when µ = 8?

    2. Suppose that E(X1) = µ, Var(X1) = 4, E(X2) = µ and Var(X2) = 6.


    (a) What is the variance of
    X1 X2
    µ
    b1 = + .
    2 2
    (b) What value of p minimizes the variance of
    b = pX1 + (1 − p)X2 ?
    µ

    (c) What is the relative eciency of µb1 to the point estimate with the smallest
    variance that you have found?

    3. If
    θb1 ∼ N (1.13θ, 0.02θ2 ), θb2 ∼ N (1.05θ, 0.07θ2 ) and θb3 ∼ N (1.24θ, 0.005θ2 ),

    which point estimate would you prefer to estimate θ? Why?


    4. Suppose that X ∼ B(10, p) and consider the point estimate pb = 11
    X
    .
    (a) What is the bias of this point estimate?
    (b) What is the variance of this point estimate?
    (c) Show that this point estimate has a mean square error of 10p121 − 9p2
    .
    (d) Show that this mean square error is smaller than the mean square error of
    X/10 when p ≤ 21/31.

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