1. (Easy) Let X-N(41, 0-?). Suppose we are interested in estimating the cube of the population...
Let X1, X2,
X3, and X4 be a random
sample of observations from a population with mean μ and
variance σ2. The observations are independent because
they were randomly drawn. Consider the following two point
estimators of the population mean μ:
1 = 0.10 X1 + 0.40
X2 + 0.40 X3 + 0.10
X4 and
2 = 0.20 X1 + 0.30
X2 + 0.30 X3 + 0.20
X4
Which of the following statements is true?
HINT: Use the definition of...
2. Suppose XX2,X is a random sample from an exponential distribution with . Let X(1) minX1,X2, Xn), the minimum of the sample mean (a) Show that the estimator 6nx is an unbiased estimator of 8. (hint: you were asked to derive the distribution of X for a random sample from an exponential distribution on assignment 2 -you may use the result) (b) X, the sample mean, is also an unbiased estimator of . Which of the unbiased estimators, or X,...
Suppose we are interested in estimating the proportion of a population using a simple random sample of size n. i. State a suitable estimator of the population proportion as well as its sampling distribution. Mention any assumptions which you make. ii. Explain statistically how to determine the minimum sample size necessary to estimate a population proportion to within e units. iii. Provide a practical marketing example of a 95% confidence interval for a proportion. iv. Explain the purpose of the...
0 and an Let X1, X2, ..., Xn be a random sample where each X; follows a normal distribution with mean u unknown standard deviation o. Let K (n-1)s2 = n 202 (a) [2 points] Assume K ~ Gamma(a = n71,8 bias for K. *). We wish to use K as an estimator of o2. Compute the n (b) [1 point] If K is a biased estimator for o?, state the function of K that would make it an unbiased...
In many problems we interested in estimation of the population
mean. Let X1; : : : ;X10
be a random sample from a population with mean and variance 2.
Consider the
following estimators for estimating :
^
1 =
X1 + X2 + + X10
10
; ^
2 =
3X1 ? 2X5 + 3X10
2
:
Compute the variance of the estimators.
A. V[^
1] = 2=10, V[^
2] = 112=2 B. V[^
1] = 32=2, V[^
2] =...
Please give detailed steps. Thank you.
5. Let {X1, X2,..., Xn) denote a random sample of size N from a population d escribed by a random variable X. Let's denote the population mean of X by E(X) - u and its variance by Consider the following four estimators of the population mean μ : 3 (this is an example of an average using only part of the sample the last 3 observations) (this is an example of a weighted average)...
7-27. Let X1, X2,..., X, be a random sample of size n from a population with mean u and variance o?. (a) Show that X² is a biased estimator for u?. (b) Find the amount of bias in this estimator. c) What happens to the bias as the sample size n increases?
In many problems we interested in estimation of the population mean. Let X1,..., X10 be a random sample from a population with mean y and variance o?. Consider the following estimators for estimating u: ê, = X1 + X2 + ... + X10 3X1 - 2X5 +3X10 10 2 Compute the variance of the estimators. A. V[@1] = 02/10, V[02] = 1102/2 B. V[êni] = 302 /2, V[@2] = 302/7 C. V[ÔN1] = 02/10, V[@2] = 802/2 D. V[Ô1] =...
If a null hypothesis is rejected at a significance level of 1%,
then we should say that it was rejected at 1%. Reporting that the
null was also rejected at the 5% level of significance is
unnecessary and unwise.
True
False
The p-value equals alpha, the level of significance of the
hypothesis test.
True
False
THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING
INFORMATION:
Let X1, X2,
X3, and X4 be a random
sample of observations from a population with...
If X, X2,..., Xn constitute a random sample from the population with pdf ffx) 0 elsewhere a) ind the E(X) and hence show that X is a biased estimator of 0. What is the bias? b)What estimator based on X would be an unbiased estimator of 0? Why? nen( y1-0) y, > c Given g(y,)- show that Yı= min ( X1, X2, Х. ) is a consistent 0 otherwise estimator of the parameter 0 d) Obtain the mean of Y,....