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Mathematics, 04.04.2020 14:31 destanybrunson

Two surveys were independently conducted to estimate a population mean, μ. Denote the estimates and their standard errors by X1 and X2 and σX1 and σX2 . Assume that X1 and X2 are unbiased. For some α and β, the two estimates can be combined to give a better estimator: X = αX1 + βX2 a. Find the conditions on α and β that make the combined estimate unbiased. b. What choice of α and β minimizes the variances, subject to the condition of unbiasedness?

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