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In a random sample of 80 components of a certain type, 12 are found to be defective.

a. Give a point estimate of the proportion of all such components that are not defective.

b. A system is to be constructed by randomly selecting two of these components and connecting them in series, as shown here.

The series connection implies that the system will function if and only if neither component is defective (i.e., both components work properly). Estimate the proportion of all such systems that work properly. (Hint: If p denotes the probability that a component works properly, how can P (system works) be expressed in terms of p ?)

Short Answer

Expert verified

(a) The required point estimate value is\({\rm{0}}{\rm{.85}}\).

(b) The required probability of interest value is\(0.723\).

Step by step solution

01

Concept introduction

In statistics, point estimation is the process of estimating an estimated value of a population's parameter—such as the mean (average)—from random samples of the population. The exact accuracy of any one approximation is unknown, but probabilistic claims about the accuracy of numbers determined over a large number of experiments can be built.

02

Calculating using a point estimate

(a)

There are 80 components in all, 12 of which are faulty. As a result, there are\({\rm{80 - 12 = 68}}\)components that are in good working order. The percentage of all such components that are not faulty is calculated using a point estimate.

\(\begin{array}{c}{\rm{\hat p = }}\frac{{{\rm{68}}}}{{{\rm{80}}}}\\{\rm{ = 0}}{\rm{.85}}\end{array}\)

Hence, the required point estimate value is \({\rm{0}}{\rm{.85}}\).

03

Calculating probability of interest

(b)

The probability of interest is,

\(\begin{array}{c}{\rm{P( system works )}}\mathop {\rm{ = }}\limits^{{\rm{(1)}}} {\rm{p \times p}}\\{\rm{ = }}{{\rm{p}}^{\rm{2}}}\end{array}\)

1) Both components must function properly.

Therefore, to calculate this probability, replace \(p\)with \(\hat p\)and get,

\(P({\rm{ system works }}) \approx {0.85^2} = 0.723.\)

Hence, the required probability of interest value is \(0.723\).

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Most popular questions from this chapter

The accompanying data on flexural strength (MPa) for concrete beams of a certain type was introduced in Example 1.2.

\(\begin{array}{*{20}{r}}{{\rm{5}}{\rm{.9}}}&{{\rm{7}}{\rm{.2}}}&{{\rm{7}}{\rm{.3}}}&{{\rm{6}}{\rm{.3}}}&{{\rm{8}}{\rm{.1}}}&{{\rm{6}}{\rm{.8}}}&{{\rm{7}}{\rm{.0}}}\\{{\rm{7}}{\rm{.6}}}&{{\rm{6}}{\rm{.8}}}&{{\rm{6}}{\rm{.5}}}&{{\rm{7}}{\rm{.0}}}&{{\rm{6}}{\rm{.3}}}&{{\rm{7}}{\rm{.9}}}&{{\rm{9}}{\rm{.0}}}\\{{\rm{3}}{\rm{.2}}}&{{\rm{8}}{\rm{.7}}}&{{\rm{7}}{\rm{.8}}}&{{\rm{9}}{\rm{.7}}}&{{\rm{7}}{\rm{.4}}}&{{\rm{7}}{\rm{.7}}}&{{\rm{9}}{\rm{.7}}}\\{{\rm{7}}{\rm{.3}}}&{{\rm{7}}{\rm{.7}}}&{{\rm{11}}{\rm{.6}}}&{{\rm{11}}{\rm{.3}}}&{{\rm{11}}{\rm{.8}}}&{{\rm{10}}{\rm{.7}}}&{}\end{array}\)

Calculate a point estimate of the mean value of strength for the conceptual population of all beams manufactured in this fashion, and state which estimator you used\({\rm{(Hint:\Sigma }}{{\rm{x}}_{\rm{i}}}{\rm{ = 219}}{\rm{.8}}{\rm{.)}}\)

b. Calculate a point estimate of the strength value that separates the weakest 50% of all such beams from the strongest 50 %, and state which estimator you used.

c. Calculate and interpret a point estimate of the population standard deviation\({\rm{\sigma }}\). Which estimator did you use?\({\rm{(Hint:}}\left. {{\rm{\Sigma x}}_{\rm{i}}^{\rm{2}}{\rm{ = 1860}}{\rm{.94}}{\rm{.}}} \right)\)

d. Calculate a point estimate of the proportion of all such beams whose flexural strength exceeds\({\rm{10MPa}}\). (Hint: Think of an observation as a "success" if it exceeds 10.)

e. Calculate a point estimate of the population coefficient of variation\({\rm{\sigma /\mu }}\), and state which estimator you used.

The article from which the data in Exercise 1 was extracted also gave the accompanying strength observations for cylinders:

\(\begin{array}{l}\begin{array}{*{20}{r}}{{\rm{6}}{\rm{.1}}}&{{\rm{5}}{\rm{.8}}}&{{\rm{7}}{\rm{.8}}}&{{\rm{7}}{\rm{.1}}}&{{\rm{7}}{\rm{.2}}}&{{\rm{9}}{\rm{.2}}}&{{\rm{6}}{\rm{.6}}}&{{\rm{8}}{\rm{.3}}}&{{\rm{7}}{\rm{.0}}}&{{\rm{8}}{\rm{.3}}}\\{{\rm{7}}{\rm{.8}}}&{{\rm{8}}{\rm{.1}}}&{{\rm{7}}{\rm{.4}}}&{{\rm{8}}{\rm{.5}}}&{{\rm{8}}{\rm{.9}}}&{{\rm{9}}{\rm{.8}}}&{{\rm{9}}{\rm{.7}}}&{{\rm{14}}{\rm{.1}}}&{{\rm{12}}{\rm{.6}}}&{{\rm{11}}{\rm{.2}}}\end{array}\\\begin{array}{*{20}{l}}{{\rm{7}}{\rm{.8}}}&{{\rm{8}}{\rm{.1}}}&{{\rm{7}}{\rm{.4}}}&{{\rm{8}}{\rm{.5}}}&{{\rm{8}}{\rm{.9}}}&{{\rm{9}}{\rm{.8}}}&{{\rm{9}}{\rm{.7}}}&{{\rm{14}}{\rm{.1}}}&{{\rm{12}}{\rm{.6}}}&{{\rm{11}}{\rm{.2}}}\end{array}\end{array}\)

Prior to obtaining data, denote the beam strengths by X1, … ,Xm and the cylinder strengths by Y1, . . . , Yn. Suppose that the Xi ’s constitute a random sample from a distribution with mean m1 and standard deviation s1 and that the Yi ’s form a random sample (independent of the Xi ’s) from another distribution with mean m2 and standard deviation\({{\rm{\sigma }}_{\rm{2}}}\).

a. Use rules of expected value to show that \({\rm{\bar X - \bar Y}}\)is an unbiased estimator of \({{\rm{\mu }}_{\rm{1}}}{\rm{ - }}{{\rm{\mu }}_{\rm{2}}}\). Calculate the estimate for the given data.

b. Use rules of variance from Chapter 5 to obtain an expression for the variance and standard deviation (standard error) of the estimator in part (a), and then compute the estimated standard error.

c. Calculate a point estimate of the ratio \({{\rm{\sigma }}_{\rm{1}}}{\rm{/}}{{\rm{\sigma }}_{\rm{2}}}\)of the two standard deviations.

d. Suppose a single beam and a single cylinder are randomly selected. Calculate a point estimate of the variance of the difference \({\rm{X - Y}}\) between beam strength and cylinder strength.

Let\({{\rm{X}}_{\rm{1}}}{\rm{,}}{{\rm{X}}_{\rm{2}}}{\rm{, \ldots ,}}{{\rm{X}}_{\rm{n}}}\)be a random sample from a pdf\({\rm{f(x)}}\)that is symmetric about\({\rm{\mu }}\), so that\({\rm{\backslash widetildeX}}\)is an unbiased estimator of\({\rm{\mu }}\). If\({\rm{n}}\)is large, it can be shown that\({\rm{V (\tilde X)\gg 1/}}\left( {{\rm{4n(f(\mu )}}{{\rm{)}}^{\rm{2}}}} \right)\).

a. Compare\({\rm{V(\backslash widetildeX)}}\)to\({\rm{V(\bar X)}}\)when the underlying distribution is normal.

b. When the underlying pdf is Cauchy (see Example 6.7),\({\rm{V(\bar X) = \yen}}\), so\({\rm{\bar X}}\)is a terrible estimator. What is\({\rm{V(\tilde X)}}\)in this case when\({\rm{n}}\)is large?

\({{\rm{X}}_{\rm{1}}}{\rm{,}}.....{\rm{,}}{{\rm{X}}_{\rm{n}}}\)be a random sample from a gamma distribution with parameters \({\rm{\alpha }}\) and \({\rm{\beta }}\). a. Derive the equations whose solutions yield the maximum likelihood estimators of \({\rm{\alpha }}\) and \({\rm{\beta }}\). Do you think they can be solved explicitly? b. Show that the mle of \({\rm{\mu = \alpha \beta }}\) is \(\widehat {\rm{\mu }}{\rm{ = }}\overline {\rm{X}} \).

a. Let \({{\rm{X}}_{\rm{1}}}{\rm{, \ldots ,}}{{\rm{X}}_{\rm{n}}}\) be a random sample from a uniform distribution on \({\rm{(0,\theta )}}\). Then the mle of \({\rm{\theta }}\) is \({\rm{\hat \theta = Y = max}}\left( {{{\rm{X}}_{\rm{i}}}} \right)\). Use the fact that \({\rm{Y}} \le {\rm{y}}\) if each \({{\rm{X}}_{\rm{i}}} \le {\rm{y}}\) to derive the cdf of Y. Then show that the pdf of \({\rm{Y = max}}\left( {{{\rm{X}}_{\rm{i}}}} \right)\) is \({{\rm{f}}_{\rm{Y}}}{\rm{(y) = }}\left\{ {\begin{array}{*{20}{c}}{\frac{{{\rm{n}}{{\rm{y}}^{{\rm{n - 1}}}}}}{{{{\rm{\theta }}^{\rm{n}}}}}}&{{\rm{0}} \le {\rm{y}} \le {\rm{\theta }}}\\{\rm{0}}&{{\rm{ otherwise }}}\end{array}} \right.\)

b. Use the result of part (a) to show that the mle is biased but that \({\rm{(n + 1)}}\)\({\rm{max}}\left( {{{\rm{X}}_{\rm{i}}}} \right){\rm{/n}}\) is unbiased.

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