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Suppose  are a sequence of independent and exponentially distributed random variables with

Assuming that is an odd number   for some integer K ):

(a) Find the PDF of the median of the sequence.

(b) Find the expected value of the median of the sequence. Is the median an unbiased estimate of the mean of the underlying exponential distribution?

(c) Find the variance of the median of the sequence.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M91972144

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