伍德里奇计量经济学第六章计算机答案,伍德里奇计量经济学第六版答案Appendix-C...

265 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(Y ) = µ and Var(Y ) = σ2/4.

(ii) E(W ) = E(Y 1)/8 + E(Y 2)/8 + E(Y 3)/4 + E(Y 4)/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 Y i are independent,

Var(W ) = Var(Y 1)/64 + Var(Y 2)/64 + Var(Y 3)/16 + Var(Y 4)/4

= σ2[(1/64) + (1/64) + (4/64) + (16/64)] = σ2(22/64) = σ2(11/32).

(iii) Because 11/32 > 8/32 = 1/4, Var(W ) > Var(Y ) for any σ2 > 0, so Y is preferred to W because each is unbiased.

C.2 (i) E(W a ) = a 1E(Y 1) + a 2E(Y 2) + + a n E(Y n ) = (a 1 + a 2 + + a n )µ. Therefore, we must have a 1 + a 2 + + a n = 1 for unbiasedness.

(ii) Var(