Postulated model appropriately

Reference no: EM131001531

The following data is postulated to have been sampled from an exponential E (4) population. Validate the postulated model appropriately. Repeat the validation exercise as if the population parameter was unknown and hence must be estimated from the sample data. Does knowing the population parameter independently make any difference in this particular case?

6.99	2.84	0.41	3.75	2.16
0.52	0.67	2.72	5.22	16.65
10.36	1.66	3.26	1.78	1.31
5.75	0.12	6.51	4.05	1.52

Reference no: EM131001531

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