S4 June 2008 Q1

EdexcelOld spec13 marksConfidence Intervals

1. A random sample \(X_1, X_2, \ldots, X_{10}\) is taken from a population with mean \(\mu\) and variance \(\sigma^2\).

(a) Determine the bias, if any, of each of the following estimators of \(\mu\).\[\theta_1 = \frac{X_3 + X_4 + X_5}{3},\]\[\theta_2 = \frac{X_{10} - X_1}{3},\]\[\theta_3 = \frac{3X_1 + 2X_2 + X_{10}}{6}.\] (4)
(b) Find the variance of each of these estimators. (5)
(c) State, giving reasons, which of these three estimators for \(\mu\) is
(i) the best estimator,
(ii) the worst estimator. (4)