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Suppose 01 and Oz are two estimators of the parameter 0. We know that E(O1) = and E(O2) 0/2, Var(O1) 10 and Var(02) Which estimator is better? Explain your choice....

Question

Suppose 01 and Oz are two estimators of the parameter 0. We know that E(O1) = and E(O2) 0/2, Var(O1) 10 and Var(02) Which estimator is better? Explain your choice.

Suppose 01 and Oz are two estimators of the parameter 0. We know that E(O1) = and E(O2) 0/2, Var(O1) 10 and Var(02) Which estimator is better? Explain your choice.

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