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Consider the following class of estimators:
W(sub)a= 1/a1(Y1)+1/a2(Y2)+1/a3(Y3)+1/a4(Y4) where a(i) are the constants.
a) What restriction on the ai is needed for Wa to be an unbiased estimator of mu?
b) Find the variance of Wa.
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the cost of transporting goods and the price of obtaining information has decreased substantially over the past 100
Calculate the two error measures that you used in other model analysis and comment on the acceptability of the size of the measure.
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Write down the differences between absorption and variable costing techniques on income statement presentation.
A new competitor enters the industry and competes with a second firm, which had been a monopolist. The second firm finds that although demand is not perfectly elastic, it is now relatively more elastic.
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