Question

True?. False? Please Explain B.) you are trying to estimate Q1 ( the 25th percentile) for...

True?. False? Please Explain B.) you are trying to estimate Q1 ( the 25th percentile) for the anual household income in the us based on a sample of households earnings can you suggest an estimator for Q1!? Please explain why you believe this is a good estimator

Math   Statistics-And-Probability   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

You can provide sample Q1 is an estimator for Population Q1.

Reason :   The sample quartile is an unbiased estimate of the population quartile. Furthermore the limit of the dispersion of the distribution of sample quartiles as sample size increases without bound is zero.

How to calculate Sample Q1 ?

First arrange the data into ascending order. Now count the data points. Let the data point be n.

If n is odd then sample Q1 = (n+1)/4 the data point.

If n is even then sample Q1 = [n/4 th data point + (n+ 2)/4 th data point] / 2

Dear if you have any doubts please comment it...

Dear if you are satisfied with my explanations please Thumbs Up ... Thanks...

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Section 1: True/False, & explain why in two or three sentences: 5. You are trying to...
Section 1: True/False, & explain why in two or three sentences: 5. You are trying to forecast the quarterly US dollar-Euro exchange rate as a function of the dollar-Euro exchange rate in the previous quarter and the quarter before that. This is an autoregressive model with order 3.
TRUE/FALSE and explain An estimate, also known as a sample statistic, is simply a rule or...
TRUE/FALSE and explain An estimate, also known as a sample statistic, is simply a rule or formula or method that tells us how to estimate the population parameter of interest from the information provided by the sample at hand.
My quastion is below, can you please explain why ? thank you. True or false: The...
My quastion is below, can you please explain why ? thank you. True or false: The hydration process of a soluble ionic compound always decreases the entropy of water.
Can you please explain WHY the following statement is TRUE or FALSE The specific impact of...
Can you please explain WHY the following statement is TRUE or FALSE The specific impact of changes in depreciation expenses on FCF can be discerned by multiplying the incremental depreciation expense by the tax rate.
corporate governance is a systematic way of controlling agency cost? a. true b. false Please explain...
corporate governance is a systematic way of controlling agency cost? a. true b. false Please explain why.
True/False Questions. For each question below, please answer “true” or “false” and explain why. An answer...
True/False Questions. For each question below, please answer “true” or “false” and explain why. An answer without an explanation will result in no credit. 2. (5 points) Max Gross has the utility function U(x,y) = max⁡{x, y}. If the price of x is the same as the price of y, Max will buy equal amounts of x and y. 3. (5 points) Charlie’s utility function is U(x,y) = xy^2. His marginal rate of substitution between x and y does not...
Please write whether the statement is true or false, and if false please explain why it...
Please write whether the statement is true or false, and if false please explain why it is. “The more charges you put together in a region of space, the stronger the electric field gets.” “Electric field vectors never cross.” “Electric field lines always have to be straight.” “Electric field vectors always have to be straight.” “The motion of a charged particle in a uniform electric field is always a straight line.” “A charged particle in an electric field always moves...
Please state true false or Uncertain. Please explain in 4 or more sentences on why you...
Please state true false or Uncertain. Please explain in 4 or more sentences on why you choose it: 1) If an economy experiences an improvement in the average level of it production technologies, then, in the long run, both GDP and GDP per worker will increase 2)Suppose you always use your credit card for purchases. Your credit card limit must then be thought of as part of your money holdings.
Can you explain why automatic stabilizers cannot be eliminated? Please explain. Can you explain how marginal...
Can you explain why automatic stabilizers cannot be eliminated? Please explain. Can you explain how marginal tax rates are calculated? Please explain. Do you believe an increase in Earned Income Credit on personal income taxes will make the middle and lower-class better-off? Why do you suppose President Trump increased Earned Income Credit? THANK YOU!!
Please include bell shaped curve. Playbill magazine reported that the mean annual household income of its...
Please include bell shaped curve. Playbill magazine reported that the mean annual household income of its readers is $124,250. (Playbill, January 2006). Assume this estimate of the mean annual household income is based on a sample of 75 households, and based on past studies, the population standard deviation is known to be σ = $33,225. a. Develop a 90% confidence interval estimate of the population mean. b. Develop a 95% confidence interval estimate of the population mean. c. Develop a...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT