Explain and discuss why engineers usually want the minimum variance unbiased estimator (MVUE). What benefits are achieved by using the MVUE in making engineering decisions, and what risks or impacts might be seen if another estimator is chosen at times? Try to use hypothetical examples to illustrate your thinking.

Awall of 0.5m thickness is to be constructed from a material which has average thermal conductivity of 1.4 w/mk. the wall is to be insulated with a material having an average thermal conductivity of 0.35 w/mk so that heat loss per square meter shall not exceed 1450 w. assume inner wall surface temperature of 1200°c and outer surface temperature of the insulation to be 15°c. calculate the thickness of insulation required.