Mathematics, 18.11.2019 19:31 erin5678
The time a customer spends using a service is distributed with pdf f(x) = λ kx k−1 e −λx (k − 1)! , x ≥ 0. in the pdf there are two parameters: k and λ. you can assume (if you need to) that k is an integer larger than or equal to 1 (k = 1, 2, . and λ is a real, non-negative number (λ ≥ 0). you have been observing a process that is supposed to follow this distribution and have seen 10 customers enter and exit the service: they spend time using the service (in minutes) equal to: 3, 3.3, 13.6, 7.6, 5.4, 7.9, 11.5, 5.4, 13.4, 8.9. answer the following questions.
(a) use the method of moments to estimate k and λ.
(b) find a maximum likelihood estimator for k and λ. [hint: find two derivatives, one for each of the parameters.]
Answers: 2
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The time a customer spends using a service is distributed with pdf f(x) = λ kx k−1 e −λx (k − 1)! ,...
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