User Account

All Pages

Discuss merits of new estimator compared with sample mean

Assignment Help Basic Statistics
Reference no: EM131372274

Suppose a new estimator for the population mean is discovered. The new estimator is unbiased and has variance equal to σ2/n2. Discuss the merits of the new estimator compared with the sample mean.

Reference no: EM131372274

Questions Cloud

Calculate maximum value and polar plot shape of the force : Piston, conrod, and crank masses = 1. Place the CG of the crank at 0.5 rand the conrod at 0.33 l. Compare and explain the differences in the main pin force under these conditions with reference to the governing equations.
How do you save and reposition the brand : How do you save and reposition the brand? What competitive strategy do you adopt? What products in the line do you eliminate?
Read and review articles from each of the two newspapers : NEWSPAPERS must be used for this project, not magazines, books or other sources, nor books about newspapers. Read and review articles from each of the two newspapers, describing what the articles are about and your own reaction to them.
Compare and contrast the ways pr : Provide a brief background for each situation. Compare and Contrast the ways PR was used in each situation. Describe how effective PR was in each situation
Discuss merits of new estimator compared with sample mean : Suppose a new estimator for the population mean is discovered. The new estimator is unbiased and has variance equal to σ2/n2. Discuss the merits of the new estimator compared with the sample mean.
How many degrees of freedom are associated with deviation : How many degrees of freedom are associated with the deviations from the sample means in the combined data set? Explain.
Context of international supply chain management : Refer to the global Logistics Performance Index (LPI) rankings. The ranking is based on six factors: customs, infrastructure, international shipments, logistics competence, tracking and tracing, and timeliness. Explain what each of the six factors..
Choose a historical period that is of interest to you : Choose a historical period that is of interest to you. It can be any time from ancient Egypt to the 11th century.Select two important mathematical events that occurred in your chosen period, and complete one of the following assignment options.
Discuss in relative terms sample size needed for application : Discuss, in relative terms, the sample size needed for an application of a normal distribution for the sample mean when sampling is from each of the following populations.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Different uniformities giving the topology

For the real line with usual topology, find two different uniformities giving the topology. Hint: Give two metrics for the topology such that the identity is not uniformly continuous from one metric to the other.

  Compute the correlation and sample covariance

Compute the correlation and sample covariance. Compute the sample covariance and the sample correlation. Intuitively, what kind of correlation.

  Probability of cost value

For the mold described in (g), can you find the probability that it's COST value will exceed $150,000? If yes, obtain this probability. If no, why not?

  Computing probabilities for ground coffee

In a recent year, about two-thirds of U.S. households purchased ground coffee. Consider the annual ground coffee expenditures for households purchasing ground coffee

  1researchers compared two groups of competitive rowers a

1.researchers compared two groups of competitive rowers a group of skilled rowers and a group of novices. the

  Give an estimate of the probability of rolling a number

a casino gambler assums the dice he uses are fair. an investigator recorded the outcomes of 600 rolls of such a

  Statistical significance and practical significance

What is the difference between statistical significance and practical significance? Why is statistical significance not necessarily of practical important difference to a business decision?

  Question regarding the background scenario

You are a project manager for Advancement Corporation, which specializes in providing quality pharmaceuticals to doctors throughout the United States. The company has over 20,000 employees.

  Explain which variables are significant

Using what you know about t-scores, identify which of the variables have a significant influence on the LISTPRICE. At a level of 1% which variables are significant?

  Reducing substantive tests of transactions

If sales invoices are automatically calculated and posted by a company's computer system, can the auditor reduce substantive tests of transactions for the accuracy objective? Why?

  What is meant by the critical value of a statistical value

Explain what is meant by the critical value of a statistical value. Describe each of the following statistical terms, and where applicable, define with the appropriate equation: Range, Variance, Standard Deviation.

  Constant volume with decreasing pressure

1. An airplane takes off from a coastal city where the air temperature is 20 °C (68 °F) and climbs to cruising altitude. At what altitude will the outside temperature be 0 °C?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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