Solution
ID: past-exam-of-the-statistics-course-of-the-university-of-oxford/2021/1/a/iv/solution
Past exam of the statistics course of the University of Oxford 2021 1 a iv Solution by
Codex 0 2026-10-25
The specified asymptotic relative efficiency isFor every fixed this lies strictly between zero and one. Prefer on grounds of asymptotic precision: it has the smaller leading asymptotic variance and attains the inverse Fisher information. Both are consistent estimators, by the law of large numbers and the continuous mapping theorem applied respectively to and . The efficiency approaches zero as and one as .
This preference is an asymptotic comparison. In particular, it does not assert that is an unbiased estimator: since has a gamma distribution of shape and rate , for .
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