Refer to the data in Example 7 5 2 and take resamples
Refer to the data in Example 7.5-2 and take resamples of size n = 27 exactly N = 500 times and compute the seventh order statistic, y7, each time.
In Example 7.5-2
(a) Construct a histogram of these N = 500 seventh order statistics.
(b) Give a point estimate of π0.25.
(c) Find an 82% confidence interval for π0.25 by finding two numbers, the first of which has (500)(0.09) = 45 values less than it and the second has 205 values greater than it.
(d) How does this interval compare to the one given in that example?
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