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Estimation (Properties of point estimators (Bias (BLUE: Best Linear…
Estimation
Properties of point estimators
Bias
BLUE: Best Linear Unbiased estimator
Efficiency
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Consistency
Sufficiency
Estimator Choice
Minimise RMSE
Interval estimation
Sampling distribution of the point estimator
Small samples from Normal parent distribution
Unknown std. deviation and t distributed sampling distribution
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Confidence interval for the Normal variance
Interval estimation for sample proportion
Confidence levels
Confidence intervals
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Point estimation: basic concepts
Population parameter
Estimate
Estimator
Large samples
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