Mean instead of the median

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Let X1,..., Xn be a random sample from an N (μ, σ2) distribution. Show that the sample median, M, is an unbiased estimator of the population mean μ. Compare the variances of X and M. [Note: For the normal distribution, the mean, median, and mode all occur at the same location. Even though both X and M are unbiased, the reason we usually use the mean instead of the median as the estimator of μ is that X has a smaller variance than M.]

Reference no: EM13985527

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