WJEC Further Unit 5 2023 June — Question 2

Exam BoardWJEC
ModuleFurther Unit 5 (Further Unit 5)
Year2023
SessionJune
TopicMoment generating functions
TypeShow unbiased estimator

2. The random variables \(X\) and \(Y\) are independent, with \(X\) having mean \(\mu\) and variance \(\sigma ^ { 2 }\), and \(Y\) having mean \(\mu\) and variance \(k \sigma ^ { 2 }\), where \(k\) is a positive constant. Let \(\bar { X }\) denote the mean of a random sample of 20 observations of \(X\), and let \(\bar { Y }\) denote the mean of a random sample of 25 observations of \(Y\).
  1. Given that \(T _ { 1 } = \frac { 3 \bar { X } + 7 \bar { Y } } { 10 }\), show that \(T _ { 1 }\) is an unbiased estimator for \(\mu\).
  2. Given that \(T _ { 2 } = \frac { \bar { X } + a ^ { 2 } \bar { Y } } { 1 + a } , a > 0\), and \(T _ { 2 }\) is an unbiased estimator for \(\mu\), prove that \(a = 1\).
  3. Find and simplify expressions for the variances of \(T _ { 1 }\) and \(T _ { 2 }\).
  4. Show that the value of \(k\) for which \(T _ { 1 }\) and \(T _ { 2 }\) are equally good estimators is \(\frac { 5 } { 6 }\).
  5. Given that \(T _ { 3 } = ( 1 - \lambda ) \bar { X } + \lambda \bar { Y }\), find an expression for \(\lambda\), in terms of \(k\), for which \(T _ { 3 }\) has the smallest possible variance.