QUESTION 3 (10 marks) a) Explain the law of iterated expectations (L.L.E.) b) A variable X has population mean u and we
Posted: Thu Jan 13, 2022 5:47 am
- Question 3 10 Marks A Explain The Law Of Iterated Expectations L L E B A Variable X Has Population Mean U And We 1 (14.69 KiB) Viewed 84 times
QUESTION 3 (10 marks) a) Explain the law of iterated expectations (L.L.E.) b) A variable X has population mean u and we take a random sample of size n. What does it mean that X = 27, Xi is an “unbiased" estimator of the mean u? (You don't need to provide any derivation)