Problem #3: Let X denote the proportion of allotted time that a randomly selected student spends working on a certain aptitude test. Suppose the pdf of X is f(x; 0) = (0+1)x² 0≤x≤1 0 otherwise where -1. A random sample of ten students yields the data 0.82, 0.55, 0.70, 0.64, 0.45, 0.95, 0.77, 0.84, 0.76, 0.60

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
icon
Related questions
Question
Problem #3: Let X denote the proportion of allotted time that a randomly selected student spends working on a certain aptitude
test. Suppose the pdf of X is
Problem #3(a):
Problem #3(b):
f(x; 0) =
S(0+1)x0
0
0≤x≤1
otherwise
where -1. A random sample of ten students yields the data
0.82, 0.55, 0.70, 0.64, 0.45, 0.95, 0.77, 0.84, 0.76, 0.60
(a) Use the method of moments to obtain an estimator for 8, and then use it to compute an estimate from the data.
(b) Find the maximum likelihood estimator for 8, and then use it to compute an estimate for 8 from the data.
answer correct to 2 decimals
answer correct to 2 decimals
Transcribed Image Text:Problem #3: Let X denote the proportion of allotted time that a randomly selected student spends working on a certain aptitude test. Suppose the pdf of X is Problem #3(a): Problem #3(b): f(x; 0) = S(0+1)x0 0 0≤x≤1 otherwise where -1. A random sample of ten students yields the data 0.82, 0.55, 0.70, 0.64, 0.45, 0.95, 0.77, 0.84, 0.76, 0.60 (a) Use the method of moments to obtain an estimator for 8, and then use it to compute an estimate from the data. (b) Find the maximum likelihood estimator for 8, and then use it to compute an estimate for 8 from the data. answer correct to 2 decimals answer correct to 2 decimals
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Similar questions
Recommended textbooks for you
A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON
A First Course in Probability
A First Course in Probability
Probability
ISBN:
9780321794772
Author:
Sheldon Ross
Publisher:
PEARSON