Argue that the proposed estimators πΛ and πΛ below are both consistent and asymptotically normal. Then, give their asymptotic variances π(πΛ) and π(πΛ) , and decide if one of them is always bigger than the other.
Let π1,β¦,ππβΌπ.π.π.π―ππππ(π) , for some π>0 . Let πΜ =πβ―β―β―β―β―π and πΜ =βln(πβ―β―β―β―π) , where ππ=1{ππ=0},π=1,β¦,π .
π(πΛ) =? and π(πΛ) =?