Rao-Blackwell Theorem
Variance and Standard Deviation
July 9, 2019Forecasting & Inventory Model
July 9, 2019For the X~ Gamma (alpha, Lambda), Find the optimal estimators of n/lambda and n/lambda^2
Ether UMVUE or MVB may be used to find the estimator.
See attached file for full problem description.
The optimal estimators for the mean and variance of a Gamma distribution is obtained in the solution using Rao-Blackwell theorem.
