Find out estimation of binomial distribution

Assignment Help Basic Statistics
Reference no: EM1318054

Find out Estimation of binomial distribution.

Assume that the mean parameter θ for the RV L is unknown. To estimate it, a random sample of n = 10 light bulbs is selected, and the lifetime of each light bulb is measured. Let X denote the number of those 10 sampled light bulbs that burn longer than 1000 hours. Suppose that X = 6 is observed. Use the hints below to estimate θ.

What kind of RV is X?

How do the parameters for X depend on θ?

Suppose X = E (X) and solve for θ.

Reference no: EM1318054

Questions Cloud

Qualitative and quantitative research methods : Discuss how qualitative and quantitative research methods complement one another, and consider role of mixed methods designs.
Find the cdf of u and sketch a graph : Suppose U is a Unit (25, 50) random variable.Find the CDF of U and sketch a graph.
Presentation for strategic business unit of nestle : Write a very short (5-8 power point slide) presentation for an SBU (Strategic Business Unit) of Nestle. Do not actually conduct a strategic analysis, but merely describe the firm.
Minimizing the total cost : How many units of capacity should be built to minimize the total cost of providing capacity plus lost sales?
Find out estimation of binomial distribution : Assume that the mean parameter θ for the RV L is unknown. To estimate it, a random sample of n = 10 light bulbs is selected, and the lifetime of each light bulb is measured. Let X denote the number of those 10 sampled light bulbs that burn longer ..
Determine the width if the area of the field : Determine the width if the area of the field
Federal trade commission : Evaluate how effective the Federal Trade Commission (FTC) has been in protecting consumer privacy and targeting deceptive and unfair trade practices on the Internet. Support your opinion with specifics.
Economic order quantity and optimum order quantity : What factors might cause the company to order a larger or smaller amount than the EOQ?
What is the variance and standard deviation : Twenty three percent of automobiles are not covered by insurance. On a particular weekend, 35 automobiles are involved in accident.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Finding degree of confidence for interval

Use value you found in part a to find out degree of confidence for interval 65.65

  Sample mean test

Solve this problem explicitly using all five steps of hypothesis testing, and illustrate your answer with a sketch showing the comparison distribution

  Testing hypotheses for critical value

The hypothesis is to be tested at the 5% level of significance. The critical value from the table equals:

  Evidence that production run doesn-t meet specification

Is there significant evidence that this production run doesn't meet specifications? Use a 1% level of significance.

  Fitting of multiple-linear regression model

Run a multiple regression and interpret all the findings, R 2 , F, IV coefficients, and the intercept. Then in paragraph format, identify and report the following:

  All us workers who play hooky

Use this information to set up a 90 percent confidence interval for the proportion, p of all US workers who play hooky.

  Chi square test for the independence of attribute

To find out whether two categorical variables are independent, one should use the.

  Conditional values for the different alternatives

A concessionaire for the local ballpark has made a table of conditional values for the different alternatives  also states of nature

  Median of the sample or average

Write down the probability of that the median of the sample or average medians is greater or more than 320 minutes?

  Computing standard error of mean

Compute standard error of mean? Compute the margin of error, with 95% confidence.

  Finding total cost-total revenue and profit

For monthly volume of 300 tables, find out total cost, total revenue and profit.

  Data and correlation matrix

The management of a regional bus line thought its cost of gas might be correlated with its passenger/mile ratio. Comment on the data and correlation matrix below.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd