Questions: Asymptotic Normality of MLEs

5 questions to test your understanding

Score: 0 / 5
Question 1 Multiple Choice

A statistician fits an MLE to data from a Uniform(0, θ) distribution and uses √n(θ̂_n − θ) → N(0, 1/I(θ)) to construct a confidence interval. Why is this reasoning invalid?

AThe MLE for Uniform(0, θ) is biased, and asymptotic normality applies only to unbiased estimators
BThe Uniform(0, θ) model violates the regularity conditions for asymptotic normality — the support depends on θ, the log-likelihood is not differentiable at the boundary, and the MLE converges at rate n (not √n) to a non-normal limit
CThe Cramér-Rao bound is undefined for uniform distributions, making the variance formula 1/I(θ) inapplicable
DThe Fisher information for Uniform(0, θ) is infinite, which makes the asymptotic variance undefined
Question 2 Multiple Choice

The statement that the MLE is 'asymptotically efficient' means:

ANo estimator can have lower variance than the MLE for any sample size, including small samples
BThe MLE achieves exactly the Cramér-Rao lower bound in all finite samples under the model assumptions
CAmong all consistent, asymptotically normal estimators, the MLE achieves the smallest possible asymptotic variance — equal to 1/(nI(θ)) — in the limit as n → ∞
DThe MLE converges to the true parameter faster than any other estimator for all distributions
Question 3 True / False

The asymptotic normality of the MLE follows, via a Taylor expansion of the score function, from applying the central limit theorem to individual score contributions ℓ'(θ; Xᵢ), which have mean zero and variance I(θ) under regularity conditions.

TTrue
FFalse
Question 4 True / False

If the MLE is asymptotically normal with variance 1/(nI(θ)), then it achieves the Cramér-Rao lower bound in finite samples.

TTrue
FFalse
Question 5 Short Answer

What is the significance of Fisher information I(θ) appearing as the asymptotic variance in √n(θ̂_n − θ) → N(0, 1/I(θ)), and what does this tell us about the MLE relative to other estimators?

Think about your answer, then reveal below.