If we were to only consider order statistics only in the form (Y. Yn-4+1) for i=1,2,...,...

 

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If we were to only consider order statistics only in the form (Y. Yn-4+1) for i=1,2,..., what value of i would result in a confidence interval for the median with the closest confidence level to 80 %? Based on the given sample, calculate this confidence interval. M= = (1.3, 1.5, 2.6, 2.8, 3.5, 8.0, 9.5, 12, 14, 19, 23, 41, 80, 120, 190, 240, 250, 340, 580) If we were to only consider order statistics only in the form (Y. Yn-4+1) for i=1,2,..., what value of i would result in a confidence interval for the median with the closest confidence level to 80 %? Based on the given sample, calculate this confidence interval. M= = (1.3, 1.5, 2.6, 2.8, 3.5, 8.0, 9.5, 12, 14, 19, 23, 41, 80, 120, 190, 240, 250, 340, 580)

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To find the value of i that results in a confidence interval for the median with the closest confidence level to 80 we can start by understanding the ... View the full answer