The weekly proportion of storage tank capacity that is utilized at a regional hazardous liquid waste receiving
Question:
The weekly proportion of storage tank capacity that is utilized at a regional hazardous liquid waste receiving site is an outcome of a \(\operatorname{Beta}(\theta, 1)\) random variable. At the end of each week the storage tank is emptied. A random sample of a year's worth of observations of capacity utilization at the site produced the results displayed in the table below, reported in sequence row-wise.
(a) Define a GLR size \(\alpha\) test of \(H_{0}: \theta=\theta_{0}\) versus \(H_{0}: \theta eq \theta_{0}\).
(b) Test the hypothesis that the expected weekly storage tank capacity utilized is equal to 5 at a significance level of .95. If the exact distribution of the GLR test appears to be intractable, then use an asymptotic test.
(c) Test that the observations can be interpreted as a random sample from some population distribution. Use a size .05 test.
Step by Step Answer:
Mathematical Statistics For Economics And Business
ISBN: 9781461450221
2nd Edition
Authors: Ron C.Mittelhammer