Question

If there are two unbiased estimators of a parameter, the one whose variance is A is said to be relatively efficient.

0 0
Add a comment Improve this question Transcribed image text
Answer #1

The answer is:

{\color{DarkRed} \text{ less / smaller}}

If we have two unbiased estimators but one of the estimators has a large variance, it is basically useless. So a smaller variance is preferred for an unbiased estimator for it to be relatively efficient.

Let me know in the comments if anything is not clear. I will reply ASAP! Please do upvote if satisfied!

Add a comment
Know the answer?
Add Answer to:
If there are two unbiased estimators of a parameter, the one whose variance is A is...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT