[See Solution] Let X1,…..Sn be a random sample from EXP (theta) and define theta 1 hat = X bar and theta 2 hat = nX bar / (n+1). Find the variances of theta
Question: Let X1,…..Sn be a random sample from EXP (theta) and define theta 1 hat = X bar and theta 2 hat = nX bar / (n+1).
- Find the variances of theta 1 hat and theta 2 hat.
- Find the MSEs of theta 1 hat and theta 2 hat.
- Compare the variances of theta 1 hat and theta 2 hat for n = 2.
- Compare the MSEs of theta 1 hat and theta 2 hat for n = 2.
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