Possible Duplicate:
How does the standard error work?
Let's say I have an unbiased estimator, which is the sample mean, to estimate $\theta$. When can you say that $$VAR[\overline{X}] = \frac{\sigma^2}{n} $$ ?
If so yes, if not: when is this true?
Asked
Active
Viewed 45 times
0
Applied mathematician
- 391
- 1
- 5
- 13
-
What does $\theta$ have to do with this question? Or do you mean $\sigma$? – Placidia Oct 29 '12 at 23:37
-
1So long as you have an IID sample, this is always the variance of $\bar{X}$ (assuming the variance of each draw is $\sigma^2$). – assumednormal Oct 29 '12 at 23:52
-
Ah, I saw this https://onlinecourses.science.psu.edu/stat414/node/167 I understand it completely now :) – Applied mathematician Oct 30 '12 at 00:03