Let X have the exponential distribution with parameter Suppose that we wish to test the hypotheses H0 1 versus H1 1 Consider the test procedure that rejects H0 if X 1 a Determine the power function of the test b Compute the size of the test ...

a Let be the test that rejects H 0 when X 1The p ...

Let X have the exponential distribution with parameter . Suppose that we wish to test the hypotheses

Question:

Let X have the exponential with parameter β. Suppose that we wish to test the hypotheses H0 : β ≥ 1 versus H1 :β < 1. Consider the test procedure δ that rejects H0 if X ≥ 1.
a. Determine the power function of the test.
b. Compute the size of the test.
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...