A friend suggests the following confidence interval for . They draw a random number U U[0,1] and
Question:
A friend suggests the following confidence interval for µ. They draw a random number U »U[0,1] and set C Æ
8<
:
R if U· 0.95
? if U È 0.05 9=
;
(a) What is the coverage probability of C?
(b) Is C a good choice for a confidence interval? Explain.
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