Question

Suppose that X follows a gamma distribution where alpha=2 but theta is unknown with the following...

Suppose that X follows a gamma distribution where alpha=2 but theta is unknown with the following observed values

50 100 200 300 1000

1) Find the sample mean of X

2) Find the MLE of theta

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Let X1, … , Xn. be a random sample from gamma (2, theta), where theta is...
Let X1, … , Xn. be a random sample from gamma (2, theta), where theta is unknown. Construct a 100(1 - a)% confidence interval for theta. As a pivot r.v. consider 2 (n∑i=1) (Xi / theta)      NOTE: gamma (2, theta) = gamma (a, b), where a = 2 and b = theta.
Let X1, X2 be a sample of size 2 from the Gamma (Alpha=2, Lamba = 1/theta)...
Let X1, X2 be a sample of size 2 from the Gamma (Alpha=2, Lamba = 1/theta) distribution X1 = Gamma = x/(theta^2) e^(-x/theta) Derive the joint pdf of Y1=X1 and Y2 = X1+X2 Derive the conditional pdf of Y1 given Y2=y2. Can you name that conditional distribution? It might not have name
Let X have a gamma distribution with  and  which is unknown. Let  be a random sample from this distribution....
Let X have a gamma distribution with  and  which is unknown. Let  be a random sample from this distribution. (1.1) Find a consistent estimator for  using the method-of-moments. (1.2) Find the MLE of  denoted by . (1.3) Find the asymptotic variance of the MLE, i.e. (1.4) Find a sufficient statistic for . (1.5) Find MVUE for .
suppose y has a normal distribution with mean = 0 and variance = 1/theta. assume the...
suppose y has a normal distribution with mean = 0 and variance = 1/theta. assume the prior distribution for theta is a gamma distribution with parameters r and lambda. a) what is the posterior distribution for theta? b) find the squared error loss Bayes estimate for theta
A) Suppose that X follows a normal distribution with a mean of 850 and a standard...
A) Suppose that X follows a normal distribution with a mean of 850 and a standard deviation of 100. Find P(X>700). B) Suppose that X follows a normal distribution with a mean of 500 and a standard deviation of 100. For what sample size would you expect a sample mean of 489 to be at the 33rd percentile?
STAT 120 Suppose that X have a gamma distribution with parameters a = 2 and θ=...
STAT 120 Suppose that X have a gamma distribution with parameters a = 2 and θ= 3, and suppose that the conditional distribution of Y given X=x, is uniform between 0 and x. (1) Find E(Y) and Var(Y). (2) Find the Moment Generating Function (MGF) of Y. What is the distribution of Y?
Let y1,y2,...,yn denote a random sample from a Weibull distribution with parameters m=3 and unknown alpha:...
Let y1,y2,...,yn denote a random sample from a Weibull distribution with parameters m=3 and unknown alpha: f(y)=(3/alpha)*y^2*e^(-y^3/alpha) y>0 0 otherwise Find the MLE of alpha. Check when its a maximum
The Greek Corporation (TGC) is considering whether launch the following 3 new products. Alpha Beta Gamma...
The Greek Corporation (TGC) is considering whether launch the following 3 new products. Alpha Beta Gamma Expected price and cost data for the various products are as follows. Alpha Beta Gamma Selling price $500 $350 $200 Variable Manufacturing Cost $300 $200 $120 Variable Non Manufacturing Cost $100 $50 $30 Fixed cost to manufacture all products is $90,000. The expected sales mix: for every 50 units that TGC sells, 25 units would be from selling Alpha, 15 units would be from...
Suppose that E[X]= E[Y] = mu, where mu is a fixed unknown number. We have independent...
Suppose that E[X]= E[Y] = mu, where mu is a fixed unknown number. We have independent simple random samples of size n each from the distribution of X and Y, respectively. Suppose that Var[X] = 2*Var[Y]. Consider the following estimators of mu: m1 = bar{X} m2 = bar{Y}/2 m3 = 3*bar{X}/4 + 2*bar{Y}/8 where bar{X} and bar{Y} are the sample mean of X and Y values, respectively. Which of the estimators are unbiased?
A thin dielectric ring, radius R has a charge distribution (lambda) = acos^2(theta), where (theta) is...
A thin dielectric ring, radius R has a charge distribution (lambda) = acos^2(theta), where (theta) is the usual polar angle and "a" is a constant with units of charge/length. The ring lies centered in the x-y plane. Find the total charge Q on the ring and the potential at the center of the ring. Now suppose the ring has a uniform charge density such that the total charge is still Q. Find the potential at the center of the ring...