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(Solved): Let x1,x2,,xN be iid (independent and identically distributed) random variables with E( ...




Let \( x_{1}, x_{2}, \ldots, x_{N} \) be iid (independent and identically distributed) random variables with \( \mathrm{E}\le
Let be iid (independent and identically distributed) random variables with and . Consider the following estimators of : a. Compute the expected value of each of the estimators above. Which of them are unbiased estimators of ? b. Compute the probability limit (plim) of each of the estimators above. Which of them are consistent estimators of ? Make any assumptions you find necessary.


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a) To determine if an estimator is unbiased, we need to find its expected value and compare it to the true value of the parameter being estimated, whi
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