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Question: Refer to Exercise 5.5, in which we found the sampling distribution of the sample median. Is the median an unbiased estimator of the population mean m?

Short Answer

Expert verified

Yes, the median is an unbiased estimator of the population mean 鈥渕鈥.

Step by step solution

01

List of probabilities

The list of the probabilities found in Exercise 5.5 corresponding to the respective mean is shown below.

Mean

Probability

1

0.04

1.5

0.12

2

0.17

2.5

0.20

3

0.20

3.5

0.14

4

0.08

4.5

0.04

5

0.01

02

Determination of the biasedness of the median

The calculation of the meanandis shown below.

x=xp(x)=1(0.2)+2(0.3)+3(0.2)+4(0.2)+5(0.1)=2.7

E(m)=Emp(m)=10.04+1.50.12+20.17+2.50.20+30.20+3.50.14+40.08+4.5+0.04+50.01=0.04+0.18+0.34+0.5+0.6+0.49+0.32+0.18+0.05=2.7

As the value oflocalid="1661429803872" andlocalid="1661429812869" E(m)is 2.7 each, solocalid="1661429822357" mis an unbiased estimator oflocalid="1661429831113" .

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Most popular questions from this chapter

Question:A random sample of 40 observations is to be drawn from a large population of measurements. It is known that 30% of the measurements in the population are 1s, 20% are 2s, 20% are 3s, and 30% are 4s.

a. Give the mean and standard deviation of the (repeated) sampling distribution ofx, the sample mean of the 40 observations.

b. Describe the shape of the sampling distribution ofx. Does youranswer depend on the sample size?

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Soft-drink bottles. A soft-drink bottler purchases glass bottles from a vendor. The bottles are required to have an internal pressure of at least 150 pounds per square inch (psi). A prospective bottle vendor claims that its production process yields bottles with a mean internal pressure of 157 psi and a standard deviation of 3 psi. The bottler strikes an agreement with the vendor that permits the bottler to sample from the vendor鈥檚 production process to verify the vendor鈥檚 claim. The bottler randomly selects 40 bottles from the last 10,000 produced, measures the internal pressure of each, and finds the mean pressure for the sample to be 1.3 psi below the process mean cited by the vendor.

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b. If the process standard deviation were 3 psi as claimed by the vendor, but the mean were 156 psi, would the observed sample result be more or less likely than in part a? What if the mean were 158 psi?

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