Solution-Describe the traditional inference methods

Describe the traditional inference methods

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Reference no: EM131749360

Question: Using bootstrapping to check traditional methods. Bootstrapping is a good way to check if traditional inference methods are accurate for a given sample. Consider the following data:

(a) Examine the data graphically. Do they appear to violate any of the conditions needed to use the one-sample t confidence interval for the population mean?

(b) Calculate the 95% one-sample t confidence interval for this sample.

(c) Bootstrap the data, and inspect the bootstrap distribution of the mean. Does it suggest that a t interval should be reasonably accurate? Calculate the bootstrap t 95% interval.

(d) Find the 95% bootstrap percentile interval. Does it agree with the two t intervals? What do you conclude about the accuracy of the one-sample t interval here?

Reference no: EM131749360

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Describe the traditional inference methods

Reference no: EM131749360

Reference no: EM131749360

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