2. Let Y < Y, < Y; be the order statistic of a random sample of size 3 from the uniform distribution having pdff(x;0) = 1/0, 0

Derive that the variance of the forecasted error using Exponential Smoothing (ES) method is given by 20² Var(et) 2 – α Where o² is the variance of individual observation and a is the parameter in the ES method. =

Let X1, X2, .. ., Xn be a random sample from a normal distribution with mean u and variance o?. Find an estimator for o? using the method of moments. Is this estimator bi- ased/unbiased? Is it consistent?

You have been asked to determine if two different production processes have different mean numbers of units produced per hour. Process 1 has a mean defined as µ₁ and process 2 has a mean defined as µ2. The null and alternative hypotheses are Ho: μ₁ −μ₂ ≤0 and H₁ : µ₁ −µ₂ > 0. The process variances are unknown but assumed to be equal. Using random samples of 36 observations from process 1 and 49 observations from process 2, the sample means are 60 and 50 for populations 1 and 2 respectively. Complete parts a through d below. Click the icon to view a table of critical values for the Student's t-distribution. a. Can you reject the null hypothesis, using a probability of Type I error α = 0.05, if the sample standard deviation from process 1 is 28 and from process 2 is 23? (Round to three decimal places as needed.) The test statistic is t =