50. We would like to obtain a 95% con dence interval for the population median of the...
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50. We would like to obtain a 95% con dence interval for the population median of the study hours data in Exercise 49.
a. Obtain a bootstrap sample of 1000 medians.
b. Use the standard deviation for part
(a) to get a95%
con dence interval for the population median.
c. Investigate the distribution of the bootstrap medians and discuss the validity of part (b). Does the distribution take on just a few values?
d. Use part
(a) to form a 95% con dence interval for the median using the percentile method.
e. For the study hours data, state your preference between the median and the mean and explain your reasoning.
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Related Book For
Modern Mathematical Statistics With Applications
ISBN: 9780534404734
1st Edition
Authors: Jay L Devore
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