Exercise · ZW-ESTIMATOR-001 · ★☆☆ Basic

With the sample \(4,\ 8,\ 6,\ 10\), \(\bar X\) is used to estimate \(\mu\). What estimate is obtained?

Choose one option.

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  • B. \(7\)

Explanation

The estimate is \(\bar x=(4+8+6+10)/4=7\). Dividing by \(n\) is what turns the sum into an average.

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Review the concept: Estimator

An estimator \(\hat\theta\) is a rule \(T\), a function of the random sample \(X_i\), that produces a value used to approximate an unknown population parameter \(\theta\).

\[\hat\theta=T(X_1,\dots,X_n)\]

More practice problems: estimator

ZW-ESTIMATOR-002 →