Mathematics, 16.03.2020 19:37 kirsten8605

Derived the MOM and MLE for an exponential distribution with parameter . Conduct a Bootstrap simulation to compare the estimation of λ with sample sizes of n = 10, n = 100, and n = 500. Choose true value λ = 0.2 and use B = 1000. Calculate and compare the mean and standard error for each set of simulations to each other as well as their theoretical values.

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Derived the MOM and MLE for an exponential distribution with parameter . Conduct a Bootstrap simulat...