Suppose that X~ B(12,p) and consider the point estimate

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Question description

Screen Shot 2015-04-22 at 10.06.10 AM.png Suppose that X~ B(12,p) and consider the point estimate,

p-hat = X/14

a) What is the bias of this point estimate?
b) What is the variance of this point estimate?
c) Show that this point estimate has a mean square error of (3p - 2p^2)/49

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(Top Tutor) Daniel C.
School: UIUC
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