Question: Let be a random sample from a uniform distribution on the interval [0, u], so that Then if , it can be shown that the
Let be a random sample from a uniform distribution on the interval [0, u], so that Then if , it can be shown that the rv has density function
a. Use to verify that and use this to derive a % CI for u.
b. Verify that , and derive a % CI for u based on this probability
c. Which of the two intervals derived previously is shorter?
If my waiting time for a morning bus is uniformly distributed and observed waiting times are x1 4.2, , and , derive a 95% CI for u by using the shorter of the two intervals.
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