Great Deal! Get Instant $10 FREE in Account on First Order + 10% Cashback on Every Order Order Now

Write out the formulas for the bias, variance and mean squared error of ß 1 . How do the bias, variance and mean squared error depend on the values of µ , s 2 and n ? Document Preview: ˆ ˆ Write out...

1 answer below »
Write out the formulas for the bias, variance and mean squared error of ß1. How do the bias, variance and mean squared error depend on the values of µ, s2 and n?
Document Preview:

ˆ ˆ Write out the formulas for the bias, variance and mean squared error of ß1. How do the bias, variance and mean squared error depend on the values of µ, s2 and n? 9 Created with an evaluation copy of Aspose.Words. To discover the full versions of our APIs please visit: https://products.aspose.com/words/ Created with an evaluation copy of Aspose.Words. To discover the full versions of our APIs please visit: https://products.aspose.com/words/

Answered Same Day Dec 21, 2021

Solution

David answered on Dec 21 2021
124 Votes
Answer:
Bias = E[E( ̂1)- 1]
Variance ( ) = E[ ̂1-E ( 1)] =
∑ ̂


Mean square e
or (MSE) = E( ̂1 - 1)2 …………….. (1)
Simplifying (1), the relationship between Bias, Variance and n with MSE can be derived as;
Mean square e
or (MSE) = + (Bias)2 or
...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here