伍德里奇计量经济学第三版教师手册APPENDIX C.docVIP

PAGE  PAGE 223 APPENDIX C SOLUTIONS TO PROBLEMS C.1 (i) This is just a special case of what we covered in the text, with n?= 4: E()?= μ and Var()?= s2/4. (ii) E(W)?= E(Y1)/8?+ E(Y2)/8?+ E(Y3)/4?+ E(Y4)/2?= μ[(1/8)?+ (1/8)?+ (1/4)?+ (1/2)]?= μ(1?+ 1?+ 2?+ 4)/8?= μ, which shows that W is unbiased. Because the Yi are independent, Var(W) = Var(Y1)/64 + Var(Y2)/64 + Var(Y3)/16 + Var(Y4)/4 = s2[(1/64) + (1/64) + (4/64) + (16/64)] = s2(22/64) = s2(11/32). (iii) Because 11/32? 8/32?= 1/4, Var(W)? Var() for any s2? 0, so is preferred to W because each is unbiased. C.2 (i) E(Wa)?= a1E(Y