3. The lifetime of a certain computer chip that your company manufactures is characterized by the population
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3. The lifetime of a certain computer chip that your company manufactures is characterized by the population distribution fðz; yÞ ¼ 1 y ez=y Ið0;1Þ ðzÞ;
where z is measured in thousands of hours. Let (X1, ..., Xn)
represent iid random variables with the density f(z;y) . An outcome of the random variableYn ¼ 1 þ Pn i¼1 Xi
=nwill to be used to provide an estimate of y.
(a) Is it true that Yn!
m y? Is it true that Yn!
p y?
(b) Define an asymptotic distribution for Yn.
(c) Suppose n ¼ 100 and y ¼ 10. Use the asymptotic distribution you defined in
(b) to approximate the probability that Yn 15.
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Related Book For
Mathematical Statistics For Economics And Business
ISBN: 9781461450214
2nd Edition
Authors: Ron C. Mittelhammer
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