The random variable X is normally distributed with unknown mean ji and known variance

Question:

The random variable X is normally distributed with unknown mean ji and known variance

42, 56, 68, 56, 48, 36, 45, 71, and 64.

(a) Name three intuitively reasonable point estimators for /x, and calculate their values for this particular sample.

(b) Find an 86.6 percent confidence interval for fx.

(c) Suppose that your prior judgments about /x could be well represented by a normal distribution with mean 50 and variance 14. What is your posterior distribution for /x?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Statistics Probability Inference And Decision

ISBN: 9780030778056

1st Edition

Authors: Robert L. Winkler, William L. Hays

Question Posted: