Applying the method of moments to estimate the value
Assignment:
Consider an exponential distribution with rate λ. On the basis of a random sample of size n, apply the method of moments to estimate λ.
Provide complete and step by step solution for the question and show calculations and use formulas.
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Consider an exponential distribution with rate ?. On the basis of a random sample of size n, apply the method of moments to estimate ?.
Does this sequence converge in probability to a number? What about convergence in quadratic mean?
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