Suppose that x = 11 is an observation from a B(32, p) random variable. (a) Compute a
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(a) Compute a two-sided 99% confidence interval for p.
(b) Compute a two-sided 95% confidence interval for p.
(c) Compute a one-sided 99% confidence interval that provides an upper bound for p.
(d) Consider the hypotheses
H0: p = 0.5 versus HA: p ≠ 0.5
Calculate an exact p-value using the tail probability of the binomial distribution and compare it with the corresponding /'-value calculated using a normal approximation.
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...
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Related Book For
Probability And Statistics For Engineers And Scientists
ISBN: 9780495107576
3rd Edition
Authors: Anthony Hayter
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