A random variable (X) is modelled as an exponentially distributed with mean 30 units. Simulate N = 50 samples from this distribution, and every sample must have m = 20 simulated values. From one simulated sample, compute the sample mean, i.e., mean of 20 simulated values. Repeat this process for all N = 50 samples.

The end result will be a sample of 50 values of the sample mean. Using this data, answer the following:

(1) Place its histogram of these mean values.

(2) Use the probability paper method to verify a suitable probability distribution for the sample mean.

(3) Compute the bias and standard error associated with the sample mean estimates.

Posted Date: 3/18/2013 8:41:20 AM | Location : United States

Ask an Expert

Related Discussions:- the bias and standard error , Assignment Help, Ask Question on the bias and standard error , Get Answer, Expert's Help, the bias and standard error Discussions

Write discussion on the bias and standard error
Your posts are moderated

Write your message here..

Related Questions

What is recursion, What is recursion?  A recursive procedure should have tw... What is recursion?  A recursive procedure should have two properties.  What are they? Recursion means function call itself repeatedly.         Properties : (1) There

What is the difference between in two lines of verilog code, What is the di... What is the difference between the following two lines of Verilog code? #5 a = b; a = #5 b; #5 a = b; Wait five time units before doing the action for "a = b;". Value assig

Approaches for development of information systems, Q. Approaches for develo... Q. Approaches for development of information systems? Numerous approaches are available for development of Information Systems. They are as below: • Model Driven: It put e

Simplify pos expression, Q. For function F(X, Y, Z) = ∑(1, 2, 3, 5, 6) usin... Q. For function F(X, Y, Z) = ∑(1, 2, 3, 5, 6) using TRUTH TABLE only 1.  Find POS expression 2.  Simplify POS expression 3.  Implement this simplified expression using t

What is a program counter, It is a 16 bit special function register in the ... It is a 16 bit special function register in the 8085 microprocessor. It remains track of the next memory address of the instruction that is to be implemented once the implementatio

Explain how server form post-back works, Briefly explain how server form po... Briefly explain how server form post-back works?  Post Back: The process in which a Web page sends data back to the similar page on the server. View State: View State is the m

Explain transport layer of osi model, Explain Transport Layer of OSI Mode... Explain Transport Layer of OSI Model. The transport layer utilizes the services provided through the network layer, as best path selection and logical addressing, to give end

Data communication, how CSMA protocol is improved through persistence metho... how CSMA protocol is improved through persistence methods & collition detection

Is it possible to QuantifySoftware Engineering Risks using S, 1. Introducti... 1. Introduction to Software Metrics in Software Engineering.? 2. Role of direct and indirect measures in software process management? 3. Stance taken and justification? 4. Conclusi

Simulated annealing - artificial intelligence, Simulated Annealing: On... Simulated Annealing: One way to get around the problem of local maxima, and related problems like ridges and plateaux in hill climbing is to allow the agent to go downhill to