Derive the least-squares estimators

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Reference no: EM131354752

Consider the simple Normal statistical model.

(a) Derive the MLEs of (µ,σ2 ) and their sampling distributions.

(b) Derive the least-squares estimators of (µ, σ2 ) and their sampling distributions.

(c) Compare these estimators in terms of the optimal properties, unbiasedness, full efficiency and consistency.

Reference no: EM131354752

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