Generalizing the solution of example 92 let the call, Ask an Expert

Statistics

Generalizing the solution of Example 9.2, let the call duration T be an exponential (λ) random variable. For t₀ > 0, show that the minimum mean square error estimate of T, given that T > t₀, is

Example 9.2

The duration T minutes of a phonecall is an exponentialrandom variable with expected value E[T] = 3 minutes. If we observe that a call has already lasted 2 minutes, what is the minimum mean square error estimate of the call duration?

View complete question

Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M91821681

Have any Question?Write your Review or question?

Related Questions in Statistics and Probability

Your company doesnt face any taxes and has 760 million in

Your company doesn't face any taxes and has $760 million in assets, currently financed entirely with equity. Equity is worth $51.00 per share, and book value of equity is equal to market value of equity. Also, let's assu ...

You want to borrow 36000 from your local bank to buy a new

You want to borrow $36,000 from your local bank to buy a new sailboat. You can afford to make monthly payments of $750, but no more. Assuming monthly compounding, what is the highest rate you can afford on a 60-month APR ...

Hospital waiting room times are normally distributed with a

Hospital waiting room times are normally distributed with a mean of 38.12 minutes and a standard deviation of 8.63 minutes. What is the shortest wait time that would still be in the worst 20% of wait times?

A nutritional scientist wishes to study the effect of

A nutritional scientist wishes to study the effect of storage time on the amount of vitamin C (milligrams) contained in 50 gram freeze dried fruit packs when stored for one, one and a half and 2 years. Five fruit packs w ...

A local postal carrier distributes first-class letters

A local postal carrier distributes first-class letters, advertisements, and magazines. For a certain day, she distributed the following number for each type of item. Delivered to First Class Letters Ads Magazines Home ...

The mean height of women in a country ages 20-29

The mean height of women in a country? (ages 20-?29) is 63.5 inches. A random sample of 65 women in this age group is selected. What is the probability that the mean height for the sample is greater than 64 ?inches? Assu ...

A random sample of 34 taxpayers claimed an average of 9623

A random sample of 34 taxpayers claimed an average of ?$9,623 in medical expenses for the year. Assume the population standard deviation for these deductions was ?$2,441. Construct confidence intervals to estimate the av ...

Can someone help me determine how 1107 was obtainedin order

Can someone help me determine how 11.07 was obtained? In order to determine the Chi-Square Critical for the Chi-Square. You need to find out the Degrees of Freedom (DF) DF = (Number of Rows - 1 * Number of Columns - 1) ...

The distance between the y value in the data and the

The distance between the Y value in the data and the predicted Y value from the regression equation is known as the residual. What is the value for the sum of the squared residuals?

Regression equations can take the formin the spaces next to

Regression equations can take the form: In the spaces next to the items below place the letter corresponding symbol from the below equation A. Y B. b0 C. b1 D. X 1. Regression line slope: 2. Predicted value: 3. Independe ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Statistics and Probability Expert