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Recall: k) In addition to many other wonderful services it provides, CourseCheggHero benets nancially from its customers' inability and/ or unwillingness to do their homework.
Recall: k) In addition to many other wonderful services it provides, CourseCheggHero benets nancially from its customers' inability and/ or unwillingness to do their homework. Suppose that the time (in hours) a CourseChcggHero enthusiast spends staring blankly at a homework problem before realizing that a random stranger would have a better shot at solving it (even with incomplete information about the problem) varies from problem to problem and from CourseCheggHero enthusiast to CourseCheggHero enthusiast according to the probability density function f(x;5) = 5(1x)5_1, 0 O is an unknown parameter. Let X 1 , X 2, , X n be a random sample from the above probability distribution. W=ln(1 X) has an Exponential(9= %) l 5 ) distribution. = Gamma(0t= 1,9: Suggest a condence interval for 5 with ( 1 Ct) 100 % condence level
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