MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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About 7% of employed adults in the United States have multiple jobs. A random sample a 71 employed adults is chosen.
A new sample of 347 employee adult is chosen. Find the
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- Let X1,...,Xn ∼ iid N(μ,τ) with both μ and τ unknown. Consider estimators of the form δb(x) = bS2, where S2 = ∑ni=1(Xi −X ̄)2. Note that we have already considered estimators of this form with b = 1/n and b = 1/n−1. (a) Calculate the MSE for δb(x) as a function of the choice b.(b) Find the value of b (depending on n) that minimizes the MSE. (c) Is the resulting estimator unbiased? If not, what is the bias?arrow_forward96 percent of adults own a smart phone around the world. In a random sample of 250 adults, what is the probability that 94% or more will own a smart phone?arrow_forwardSuppose 20% of business majors major in finance. You take a random sample of 3 business majors. What is the chance that only one of them majors in finance? (write the answer in three decimal places)arrow_forward
- Suppose that 62% of people own dogs. If you pick two people at random, what is the probability that they both own a dog?Give your answer as a decimal (to at least 3 places) or fractionarrow_forwardIf 4% of the passengers traveling to San Francisco have their luggage lost, what is the probability of the 150 people on your plane at least 5 will lose their luggage?arrow_forwardA fair die is rolled five times. A1 is considered "success," while all other outcomes are "failures." Find the probability of 1 success?arrow_forward
- Out of 39 men and 26 women what's the probability of randomly choosing a woman?arrow_forwardIn one town, 61% of adults have health insurance. What is the probability that 5 adults selected at random from the town all have health insurance?arrow_forwardIf two people are chosen with replacement from the data, what is the probability that both are wearing athletic shoes and the second is a woman wearing dress shoes?arrow_forward
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