In today’s video, we dive deep into the concepts of the Cramer Rao Lower Bound (CRLB) and the Uniformly Minimum Variance Unbiased Estimator (UMVUE) specifically for the Bernoulli distribution. I found the UMVUE of Bernoulli Distribution using the Cramer Rao Lower Bound. I showed the step by step approach in obtaining the Uniformly Minimum Variance Unbiased Estimator of Bernoulli Distribution using the Cramer Rao Lower Bound Inequality. Hence, I obtained the CRLB.
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#Statistics #CRLB #UMVUE #BernoulliDistribution #DataScience #StatisticalEstimation
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