- The continuous random variable \(X\) is uniformly distributed over the interval \([ 0,4 \beta ]\), where \(\beta\) is an unknown constant.
Three independent observations, \(X _ { 1 } , X _ { 2 }\) and \(X _ { 3 }\), are taken of \(X\) and the following estimators for \(\beta\) are proposed
$$\begin{aligned}
& A = \frac { X _ { 1 } + X _ { 2 } } { 2 }
& B = \frac { X _ { 1 } + 2 X _ { 2 } + 3 X _ { 3 } } { 8 }
& C = \frac { X _ { 1 } + 2 X _ { 2 } - X _ { 3 } } { 8 }
\end{aligned}$$
- Calculate the bias of \(A\), the bias of \(B\) and the bias of \(C\)
- By calculating the variances, explain which of \(B\) or \(C\) is the better estimator for \(\beta\)
- Find an unbiased estimator for \(\beta\)