CAS Exam MAS-I Fall 2019, Question 24
Study guide: Exam MAS-I
A student would like to estimate the upper bound of a uniform distribution, U(0, \theta) using the method of maximum likelihood.
The true value of \theta is 10.
N is the minimum sample size required such that the absolute value of the bias of the estimator is less than 0.1.
Calculate N.
- A) Less than 20
- B) At least 20, but less than 40
- C) At least 40, but less than 60
- D) At least 60, but less than 80
- E) At least 80
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