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Statistics- unbiased estimator #3 |
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| Mar1-10, 06:37 PM | #1 |
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Statistics- unbiased estimator #3
1. The problem statement, all variables and given/known data
Suppose that n=5 observations are taken from the uniform pdf, fY=1/[tex]\Theta[/tex] 0<y<[tex]\Theta[/tex] where [tex]\Theta[/tex] is unknown. Two unbiased estimators for [tex]\Theta[/tex] are [tex]\Theta[/tex]1= (6/5)*Ymax [tex]\Theta[/tex]2= (6)*Ymin which estimator would be better to use? hint: What must be true of Var(Ymax) and Var(Ymin) given that fy is symmetric ? Does your answer as to which estimator is better make sense on intuitive grounds ? Explain. 2. Relevant equations Var(Y)=E[Y2] - E[Y]2 Ymin=n*(1-FY(y))n-1fY(y) Ymax=n*(FY(y))n-1fY(y) 3. The attempt at a solution I'm trying to calculate the variances of both the estimators and see which one is smaller. But, there is the extra information like, n=5 and that the distribution is symmetric, and I'm sure I need to use it. Plus, I don't know how to answer it on intuitive grounds. Would appreciate any help. Thanks. EDIT: Now, I am still trying to solve it, and if I know that the distribution is symmetric, the variance of Ymin and Ymax are the same. However, since the first estimator is divided by 5, we know that it's 1/25 of the variance of the second estimator. Can I say this ? Is this the"on intuitive grounds" answer that they are asking ? What about the sample size n=5 ? what do I do with it ? Thanks |
| Mar1-10, 08:38 PM | #2 |
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anybody ?
can't figure it out :\ |
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