Let $s_p^2 = bs_1^2 + (1-b)s_2^2$, this can be an unbiased estimator of population variance, provided we find the correct value for $b$; in particular, $s_p^2 = \frac{(n1-1)s_1^2 + (n_2-1)s_2^2}{n_1+n_2-2}$ is an unbiased estimator
To minimize variance of $s_p^2 = bs_1^2 + (1-b)s_2^2:V(s_p^2)=b^2 V(s_1^2) + (1-b)^2 V(s_2^2)$ we need to find $\frac{d}{db}V(s_p^2)=0$ but I cannot solve this for $s_p^2$.
Intuitively, would think that the weighted average minimizes the variance; however, I want to know the precise proof of this.
How can i get this?
Thank you in advance.