Question: Suppose that the random variable X has a lognormal distribution with parameters = 1.5 and = 0.8. A sample of size n =
Suppose that the random variable X has a lognormal distribution with parameters θ = 1.5 and ω = 0.8. A sample of size n = 15 is drawn from this distribution. Find the standard error of the sample median of this distribution with the bootstrap method using nB = 200 bootstrap samples.
Step by Step Solution
3.48 Rating (164 Votes )
There are 3 Steps involved in it
X longnormal 15 08 2 n 15 n B 200 The original samples n 15 Here 200 b... View full answer
Get step-by-step solutions from verified subject matter experts
