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Q7Section A (Section A)7 of 60

CLT for the Bernoulli MLE

Let {Yk}k≥1\{Y_k\}_{k\ge 1} be a sequence of i.i.d. Bin(1,p)\mathrm{Bin}(1,p) random variables, where 0<p<10<p<1 is an unknown parameter. Let p^n\hat p_n be the maximum likelihood estimator of pp based on Y1,Y2,…,YnY_1,Y_2,…,Y_n. It is claimed that: (I) p^n−pp(1−p)/n→dN(0,1)\dfrac{\hat p_n-p}{\sqrt{p(1-p)/n}}\xrightarrow{d} N(0,1) as n→∞n\to\infty. (II) p^n−pp^n(1−p^n)/n→dN(0,1)\dfrac{\hat p_n-p}{\sqrt{\hat p_n(1-\hat p_n)/n}}\xrightarrow{d} N(0,1) as n→∞n\to\infty. Which of the following statements is correct?

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