Cost-effective estimation of the population mean using prediction estimators

• Main Authors: FUJII, Tomoki, VAN DER WEIDE, Roy
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2013
• Subjects: Prediction; Double Sampling; Maximum Likelihood; Generalized Method Of Moment; Regression Estimator; Econometrics; Macroeconomics
• Online Access: https://ink.library.smu.edu.sg/soe_research/1523; https://ink.library.smu.edu.sg/context/soe_research/article/2522/viewcontent/WPS6509.pdf
• Institution: Singapore Management University

This paper considers the prediction estimator as an efficient estimator for the population mean. The study may be viewed as an earlier study that proved that the prediction estimator based on the iteratively weighted least squares estimator outperforms the sample mean. The analysis finds that a cert...