Best Invariant Estimators In the Scale Parameter Problem

In this paper we first present the elements of the theory of families of distributions and corresponding estimators having structual properties which are preserved under certain groups of transformations, called "Invariance Principle". The invariance principle is an intuitively appealing decision principle which is frequently used, even in classical statistics. It is interesting not only in its own right, but also because of its strong relationship with several other proposal approaches to statistics, including the fiducial inference of Fisher [3, 4], the structural inference of Fraser [5], and the use of noninformative priors of Jeffreys [6]. Unfortunately, a space precludes the discussion of fiducial inference and structural inference. Many of the key ideas in these approaches will, however, be brought out in the discussion of invarience and its relationship to the use of noninformatives priors. This principle is also applied to the problem of finding the best scale invariant estimator in the scale parameter problem. Finally, several examples are subsequently given.