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

Explain the term control dependence, Control Dependence Segments or I... Control Dependence Segments or Instructions in a program can include control structures. So, dependency among statements is able to be in control structures also. However the

Hidden input, Yet another type of input is HIDDEN input. A HIDDEN in... Yet another type of input is HIDDEN input. A HIDDEN input is a value/name pair which is returned to you but doesn

Explain syntax of recursion, Syntax of recursion int fib(int num) /*... Syntax of recursion int fib(int num) /* Fibonacci value of a number */ {      switch(num) { case 0: return(0); break; case 1: return(1); break; default:  /* Incl

Functions - first-order logic, Functions - first-order logic: Function... Functions - first-order logic: Functions can be thought of as exceptional predicates, wherever we think of all but one of the arguments as input and the output as final argume

Discuss primary elements of supply chain management models, Discuss the pri... Discuss the primary elements of Supply Chain Management models. Primary Elements of Supply Chain Management Models are discussed in below: They are fundamentally concerned a

Explain memory write operation, Q. Explain Memory Write operation? Memo... Q. Explain Memory Write operation? Memory write operation transfers content of a data register to a memory word M selected by the address. Presume that data of register R1 is t

Programs portable on unix, How do you make programs portable on Unix and Do... How do you make programs portable on Unix and Does under such circumstances? Constructors are invoked themself when the object is created for a class. There may be any number o

How to build the structure chart, Building the Structure Chart - Proces... Building the Structure Chart - Processes in the DFD tend to show single module on the structure chart Afferent processes - give inputs to system Central processes -

Explain an exceptional handling in java with an example, Explain an excepti... Explain an exceptional handling in java with the help of suitable example. Java exception handling is managed through five keywords: catch, try, throw, finally and throws. Th

Disc shapes and diameters - computer architecture, Disc shapes and diameter... Disc shapes and diameters:     A Mini-CD is 8 centimeters in diameter. The digital data on a CD start at the center of the disc and proceeds toward the edge, whi