Consider the following sample of observations on coating thickness for low-visco
ID: 2936689 • Letter: C
Question
Consider the following sample of observations on coating thickness for low-viscosity paint.
(a) Calculate a point estimate of the median of the coating thickness distribution. (Round your answer to four decimal places.)
(b) State which estimator you used and which estimator you might have used instead. (Select all that apply.)
(d) What is the estimated standard error of the estimator that you used in part (b)? (Round your answer to four decimal places.)
Explanation / Answer
Result:
a).
median = (1.31+1.39)/2 =
1.35
b).
c)
mean
1.3431
sample standard deviation
0.3360
Z value for top 10% =1.282
The x value = µ+z*
= 1.3431+1.282*0.3360
=1.773852
=1.7739 ( four decimals)
d).
standard error =sd/sqrt(n) =0.336/sqrt(16)
=0.084
mean
1.3431
sample standard deviation
0.3360
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