Exercise Solution 7.2

For items (a), (b), (c) and (d), see a spreadsheet. Turning to item (e), estimates obtained for 1 | 0σ1 in parts (b), (c) and (d) are .0310, .0278 and .0325. There is a significant amount of variability between the three estimates. This highlights the impact that our choice of estimator can have on estimated standard deviations.

 

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