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Could you please guide on how to approach this confidence interval review problem? Thank you! Let U 1 , U 2 , , U n
Could you please guide on how to approach this confidence interval review problem? Thank you!
Let U1, U2, , Un be i.i.d observations from Uniform(0, ), where > 0 is unknown. Suppose U(1) = min{U1, U2, , Un} and U(n) = max{U1, U2, , Un}. Show that for any (0, 1),
(U(1), -1/nU(n))
is a (1 ) level confidence interval for .
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