Bayesian estimate - Suppose theta is a parameter that takes values on the real line. Consider the loss function
l(theta, theta_hat) = 0 if |q-theta_hat|<=c, 1 otherwise
Show that the Bayes estimate of theta is th ...
p-hat and Confidence Interval - The following confidence interval is obtained for a population proportion, p:(0.458, 0.490). Use these confidence interval limits to find the point estimate, p-hat.
95% confidence interval & point estimate - I need help solving 95% confidence interval and point estimate problems.
A sample of 16 people are used, each one is to keep track of their time with the following result in hours.
1.8, 1.7, 0. ...