Question: Let X1, . . ., Xn be a random sample of size n from the exponential distribution whose pdf (by taking y = 1/ in

Let X1, . . ., Xn be a random sample of size n from the exponential whose pdf (by taking y = 1/Î² in Definition 2.3.7) is

(a) Use the method of moments to find a point estimator for Î¸.
(b) The following data represent the time intervals between the emissions of beta particles.

Assuming the data follow an exponential distribution, obtain a moment estimate for the parameter Î¸. Interpret.

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