I can obtain maximum likelihood estimators, method of moments estimators, sufficient estimators...
BUT I need to know what is the underlying distribution.
And do you want the best point estimator of the population mean, or population variance...?
How do I find the best point of estimate for 2 samples?
Here is my data:
A: 78, 84, 81, 78, 76, 83, 79, 75, 85, 81
B: 85, 75, 83, 87, 80, 79, 88, 94, 87, 82
A = 80
S = 3.367
N = 10
B = 84
S = 5.395
N = 10
Reading my notes it sounds like 80 would be the best point of estimate for A and 84 the BPA for B, I think? Would the BPA for both be 82?
Thanks for the help
I can obtain maximum likelihood estimators, method of moments estimators, sufficient estimators...
BUT I need to know what is the underlying distribution.
And do you want the best point estimator of the population mean, or population variance...?
The question says: Use these data for problems on this task. Find the best point estimate of A - B. (they are independent random samples) They gave the data tables and I determined samp means and std devs.
Does that answer your question? Because I really don't understand.