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Graduate Mean Squared Error of an estimator.
I thought that Mean squared error (MSE) MSE(\Theta) = E(\Theta - θ)^2 so MSE(\Theta) = V(\Theta) + bias^2 isn't it?- Ddvon
- Post #3
- Forum: Set Theory, Logic, Probability, Statistics
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Graduate Mean Squared Error of an estimator.
Hi. Let X_1 and X_2 be independent random variables with mean μ and variance σ^2. \Theta = ( X_1 + 3X_2 ) /4 a) is it unbiased? b) what is the variance of the estimator? c) what is the mean squared error of the estimator? since there are four things, divided by 4...- Ddvon
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- Error Mean
- Replies: 7
- Forum: Set Theory, Logic, Probability, Statistics