Plz help Me out Exercise 27 (#7.39). Let (X1, ..., Xn) be a random...

70.2K

Verified Solution

Question

Accounting

image

Plz help Me out

Exercise 27 (#7.39). Let (X1, ..., Xn) be a random sample from the exponential distribution on (a,0) with scale parameter 1, where a E R is unknown. Find a confidence interval for a having the shortest length within the class of confidence intervals [X (1) + c, X(1) + d) with confidence coefficient 1 - a, where X(1) is the smallest order statistic. which yields c = n-1 log a. The shortest length confidence interval is then [X(1) + n-l log a, X(1)]. 1 Exercise 28 (#7.42). Let (X1,..., Xn) be a random sample from a dis- tribution with Lebesgue density 0x011(0,1)(x), where 8 >0 is unknown. (i) Construct a confidence interval for 0 with confidence coefficient 1 - a, using a sufficient statistic. (ii) Discuss whether the confidence interval obtained in (i) has the shortest length within a class of confidence intervals. (iii) Discuss whether the confidence interval obtained in (i) is UMAU

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students