Rao–Blackwell theorem
Rao–Blackwell theorem - brief summary
In statistics, the Rao–Blackwell theorem, sometimes referred to as the Rao–Blackwell–Kolmogorov theorem, is a result which characterizes the transformation of an arbitrarily crude estimator into an estimator that is optimal by the mean-squared-error criterion or any of a variety of similar criteria. The theorem is named after Calyampudi Radhakrishna Rao and David Blackwell. The process of transforming an estimator using the Rao–Blackwell theorem is sometimes called Rao–Blackwellization. The transformed estimator is called the Rao–Blackwell estimator.
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