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Practice Problems 8 & Solutions

The document contains 4 practice problems related to statistics and probability. Problem 1 asks which of two estimators is better for estimating a population mean. Problem 2 asks about properties of an estimator using the maximum and minimum values. Problem 3 calculates a probability using the normal distribution. Problem 4 lists z-values for different confidence levels.

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Anshu Ingle
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42 views

Practice Problems 8 & Solutions

The document contains 4 practice problems related to statistics and probability. Problem 1 asks which of two estimators is better for estimating a population mean. Problem 2 asks about properties of an estimator using the maximum and minimum values. Problem 3 calculates a probability using the normal distribution. Problem 4 lists z-values for different confidence levels.

Uploaded by

Anshu Ingle
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Practice Problems:

1) Suppose we have a random sample of size 2n from a population denoted by X, and


E(X) = u and V(X) = σ2. Let

_ 2n _ n
X1 = 1 / 2n ( Σ Xi ) X2 = 1 / n ( Σ Xi )
i=1 i=1

be the two estimators of u. Which is the better estimator of u? Explain your choice?

2) X1,X2,…,Xn is a random sample from a normal distribution with mean u and


variance σ2. Let Xmin and Xmax bet the smallest and largest observations in the sample.

(a) Is (Xmin + Xmax) / 2 an unbiased estimate for u?

(b) What is the standard error of this estimate?


_
(c) Would this estimate be preferable to the sample mean X?

3) A synthetic fiber used in manufacturing carpet has tensile that is normally distributed
with mean 75.5 psi and standard deviation 3.5 psi. Find the probability that a random
sample of n = 6 fiber specimens will have a sample mean tensile strength that exceeds
75.75 psi.

4) Consider the one-sided confidence interval expressions:

(a) What value of z  would result in a 90% CI?

(b) What value of z  would result in a 95% CI?

(c) What value of z  would result in 99% CI?


Study Problem Solutions
 2n 
  Xi 
     1 E  X   1 2n   
2n
1) E X1  E i 1
2n  
2n  i 1  2n
 i
 
 
 n 
  Xi 
  1  n  1
E X 2  E  i 1   E   X i   n    ,
n n  i 1  n
X 1 and X 2 are unbiased estimators of .
 
 

 
The variances are V X 1 
2
2n
 
and V X 2 
2
n
; compare the MSE (variance in this case),

MSE (ˆ1 )  2 / 2n n 1
 2  
MSE (ˆ 2 )  /n 2n 2
Since both estimators are unbiased, examination of the variances would conclude that X1 is the “better”
estimator with the smaller variance.

2) a.) To see if the estimator is unbiased, find:


1 1
E[( X min  X max ) / 2]  [ E ( X min )  E ( X max )]  (    )  
2 2
since the expected value of any observation arising from a normally distributed

process is equal to the mean. So this is an unbiased estimator of the mean.

b.) The standard error of this estimator is:


1 1 1
V [( X min  X max ) / 2]  [V ( X min )  V ( X max )  2COV ( X min , X max )]  ( 2   2 )  
2 2 2
c.) This estimator is not better than the sample mean because it has larger
standard error for n > 2. This is due to the fact that this estimator uses only
two observations from the available sample. The sample mean uses all the
information available to compute the estimate.

 3.5
3)  X  75.5 psi  X    1.429
n 6
P( X  75.75)  P X 
/ n
 75.7575.5
1.429 
 P( Z  0.175)  1  P( Z  0.175)

 1  0.56945  0.43055

4) a.) A z = 1.29 would give result in a 90% one-sided confidence interval.


b.) A z = 1.65 would give result in a 95% one-sided confidence interval.
c.) A z = 2.33 would give result in a 99% one-sided confidence interval.

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