Compare the effect of the Efron-Morris estimator on the baseball data in Section 8.3 with the effect
Question:
Compare the effect of the Efron-Morris estimator on the baseball data in Section 8.3 with the effect of a James-Stein estimator which shrinks the values of πi towards π0 = 0.25 or equivalently shrinks the values of Xi towards µ, = 2√n sin-1 √π0.
Transcribed Image Text:
Table 8.1 Data for the baseball example. Name Si Ti mi Y₁ FEB Pi X₁ 0₁ 18 127 367 8.438 0.400 0.290 0.346 9.186 0.298 8.881 7.749 16 144 17 127 426 0.378 0.286 521 0.356 275 0.333 0.277 0.281 0.276 8.571 7.427 15 61 0.222 8.258 6.579 14 114 418 0.311 0.273 0.273 7.938 7.372 14 126 466 0.311 0.273 0.270 7.938 7.337 13 154 586 0.289 0.268 0.263 7.613 7.221 L. Alvardo 12 29 138 0.267 0.264 0.210 7.280 6.389 11 137 510 0.244 0.259 0.269 6.938 7.310 11 46 200 0.244 0.259 0.230 6.938 6.711 10 73 277 0.222 0.254 0.264 6.586 7.233 10 69 270 0.222 0.254 0.256 6.586 7.111 132 435 0.222 0.254 0.303 6.586 142 538 0.222 0.254 0.264 6.586 10 42 186 0.222 0.254 0.226 6.586 6.644 9 159 558 0.200 0.249 0.285 6.220 7.555 8 129 408 0.178 0.244 0.316 5.839 8.012 7 14 70 0.156 0.239 0.200 5.439 6.220 i 1 2 3 4 5 6 7 8 9 10 11 Clemente F. Robinson F. Howard Johnstone Berry Spencer Kessinger Santo Swoboda Unser Williams 12 13 Scott 14 Petrocelli 15 E Rodriguez 16 Campaneris 17 Munson 18 Alvis 10 10 7.827 7.239
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 25% (4 reviews)
Sure based on the information you provided and the image of the table I can explain the effects of the EfronMorris estimator and the JamesStein estima...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Brandy Corporation, a calendar-year, accrual-basis taxpayer, signed a contract on December 27, 20X1, for the installation of a new central air conditioning unit. Because of various shipping delays,...
-
For the following exercises, determine why the function f is discontinuous at a given point a on the graph. State which condition fails. [3+x, f(x) = {x, x, x <1 x = 1 a = 1 x> 1
-
A study was designed to compare the effect of a vitamin E supplement on the growth of guinea pigs. There were 15 guinea pigs available for the study. The guinea pigs were randomly assigned to one of...
-
The following table includes transactions carried out by Ram Horn Corporation, as well as columns for each of the three categories found in the statement of cash flows: operating, financing, and...
-
The following events occurred after the end of the companys fiscal year but before the annual audit was completed. Classify each event as to its impact on the financial statements, that is, (1)...
-
What are the four single phases in the iron-iron carbide diagram? Answer with both phase diagram notation and assigned name.
-
Shauna Washington started a business to sell art supplies and related curricula to home school families. The business grew quickly, with sales doubling three times during a five-year period. At that...
-
Note Transactions at Unrealistic Interest Rates On July 1, 2010, Rantoul Inc. made two sales. 1. It sold land having a fair market value of $900,000 in exchange for a 4-year zero-interest-bearing...
-
explain how to retrieve the data that is produced by the web server, and turn it into usable information.
-
The Helmert transformation is defined by the matrix so that the element a ij in row i, column j is It is also useful to write a j for the ( column) vector which consists of the jth column of the...
-
Carry out the Bayesian analysis for known overall mean developed in Section 8.2 mentioned earlier (a) with the loss function replaced by a weighted mean and (b) with it replaced by 2(0,6) = ;; - 03, -
-
Establish identity. ln |sec + tan | + ln |sec - tan | = 0
-
Find the value o f x . l o g 9 1 0 x + 5 = 1 8
-
Mike is earning $21 per hour. He worked for 40 hours this week. Calculate Employee and Employer CPP and EI CPP rate 4.95% and $3,500 per year exemption ( weekly exemption will be 3500/12) EI 1.88% 1....
-
What are the complicated complexities and distinctive challenges associated with internal control within a healthcare office environment? Provide a comprehensive analysis of these challenges and...
-
Multiply: 13 7(-14b).
-
Supposed you are stopped for a traffic light, and an emergency response vehicle approaches you from behind. The siren produces a sound with a frequency of 955Hz. But the apparent (perceived)sound...
-
A business in the 45% tax bracket is considering borrowing money at 10%. a. What is the after-tax interest rate on the debt? b. What is the after-tax interest rate if only half of the interest...
-
Catalytic hydrogenation of naphthalene over PdC results in rapid addition of 2 moles of H 2 . Propose a structure for this product.
-
What promotion blend would be most appropriate for producers of the following established products? Assume average- to large-sized firms in each case and support your answer. a. Chocolate candy bars....
-
A small company has developed an innovative new spray-on glass cleaner that prevents the buildup of electrostatic dust on computer screens and TVs. Give examples of some low-cost ways the firm might...
-
Would promotion be successful in expanding the general demand for: ( a ) almonds, ( b ) air travel, ( c ) golf clubs, ( d ) walking shoes, ( e ) high-octane unleaded gasoline, ( f ) single-serving,...
-
The annual rainfall in a particular area of the country is normally distributed, with mean 100 cm and standard deviation 20 cm. A drought is said to occur after a year in which the annual rainfall...
-
Revenue $525.000 Sales Returns $13,900 Sales Discounts $12.400 Net Sales $498.700 Cost of Goods Sold $79.500 Gross Profit Gross Profit Margin % 84.0696
-
Start by entering the total units sold in B1. You get this information from the Inventory Sheet by summing the Units Soldcolumn. Hint: Don't do anything fancy with naming ranges or creating tables....
Study smarter with the SolutionInn App