Question

Consider the following four observations of a process of interest: 89 24 9 50 You are...

Consider the following four observations of a process of interest:

89 24 9 50

You are trying to decide whether an exponential or a uniform distribution would be a better fit for the data.

a) Develop Q-Q plots for the exponential and uniform distributions, using the data to estimate any parameters you need

(NOTE: Your graphs do not need to be perfectly to scale, but they should be readable and you need to compute the graph value

b) Which distribution appears to be a better fit for your data and WHY?

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Answer #1

Solution. (b) the uniform distribution appears to better feet has it greater R^2 value compared expoential distribution (0.947)

Thank you

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