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.

User Account

All Pages