Learn about the Cramer-Rao Lower bound and its significance in statistical estimation in this 30-minute video. Explore the concept of estimator efficiency and understand how it is calculated as the ratio of the Rao-Cramer Lower bound to the actual variance. Gain valuable insights into these fundamental statistical concepts presented by Statistics is Fun A.H.
Overview
Syllabus
Cramer-Rao Lower bound and efficiency.
Efficiency of estimator is equal to ratio of Rao-Cramer Lower bound and Actual variance.
Taught by
Statistics is Fun A.H
