Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Scores on IQ tests are designed to follow a normal distribution with a mean of IE) and a standard deviation of 15 when applied to

image text in transcribed
Scores on IQ tests are designed to follow a normal distribution with a mean of IE") and a standard deviation of 15 when applied to the general population. Suppose we sample a people in a particular town and administer IQ tests for each person in our sample in order to estimate ,u, the town-specic IQ seore. Let Y; he the IQ score for the 11h person in the sample. For this question, you can assume that the standard deviation of IQ soores in this town is 15 {s2 = 225}, the number of observations is 2G {n = EU], and Elsa = 110'. Finally, suppose that the true value of ,u is 112. Of course this is usually the unknown parameter of interest, but for the sake of this question it will amume this value. Fbr this question you can use any result that we've discussed in class. You do not need to derive any result that we've oovered in class. a} First, let's use a normal model within the frequentist framework with a maximum likelihood estimator. So, the model is Y1, ...,Y2'] ~ NLu, :2 = 225} State the maximum likelihood estimate ML. {1 mark) b) Compute the value of BiosiML}, VmeL) and MSELE'LML} {3 marks] e} Determine the sampling distribution for ML. Show and justify your steps. (2 marks} d) Now, let's use a normal model within a Bayesian framework. We will assume the following model: Y1, rm\"; ~ Nip, 02 = 225] p. ~ N{lD,225] State posterior distribution of ,u. and oompute the Bayesian point estimate 111351.\". [=1 marks} e) Compute the value of Biesmgnym], Vortgam] and M Shimmy\"). Show and justify your steps. 1:? marks] f] Determine the sampling distribution for 33,\". Show and justify your steps. {3 marks] g) Compare the bias and MSE of our. and flanges. {2 marks}

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Differential Equations With Boundary-Value Problems

Authors: Dennis G Zill, Ellen Monk, Warren S Wright

8th Edition

1285401298, 9781285401294

More Books

Students also viewed these Mathematics questions

Question

=+a) Is this an experimental or observational study? Explain.

Answered: 1 week ago

Question

1. I try to create an image of the message

Answered: 1 week ago

Question

4. What is the goal of the others in the network?

Answered: 1 week ago