iid Let Y1, Y2, Y3, . .., Y, N(µ, o²), where o² = 25 is known. 3. Suppose we collect data of size n = 16 and the MLE turns out to be u = 2 and ô? = 25. Using the result from the previous part, conduct an a = .05 level test of Ho : µ = 0 in favor of Ha : µ # 0. Find the critical value, rejection region, and p-value. Interpret the p-value. Do you reject or fail to reject the null? 4. Invert the a-level test you found in the previous part to construct a 95% confidence interval for u. Interpret the confidence interval.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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Solve both parts 3 and 4 of the question below.

 

Let Y1, Y2, Y3,
Yn
* N(u, 02), where o?
25 is known.
....
3. Suppose we collect data of size n = 16 and the MLE turns out to be îu = 2 and ô² = 25.
Using the result from the previous part, conduct an a = .05 level test of Ho : µ = 0
in favor of Ha : µ #0. Find the critical value, rejection region, and p-value. Interpret
the p-value. Do you reject or fail to reject the null?
4. Invert the a-level test you found in the previous part to construct a 95% confidence
interval for u. Interpret the confidence interval.
Transcribed Image Text:Let Y1, Y2, Y3, Yn * N(u, 02), where o? 25 is known. .... 3. Suppose we collect data of size n = 16 and the MLE turns out to be îu = 2 and ô² = 25. Using the result from the previous part, conduct an a = .05 level test of Ho : µ = 0 in favor of Ha : µ #0. Find the critical value, rejection region, and p-value. Interpret the p-value. Do you reject or fail to reject the null? 4. Invert the a-level test you found in the previous part to construct a 95% confidence interval for u. Interpret the confidence interval.
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