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[40 points] Suppose you collected data on the average number of text messages sent per month by 300 randomly selected teenagers over 2009 and 2010 and found the sample meanwas 3,339 text messages with...

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[40 points] Suppose you collected data on the average number of text messages sent per month by 300 randomly selected teenagers over 2009 and 2010 and found the sample meanwas 3,339 text messages with an estimated standard error of. Assume that the population data are normally distributed
Answered Same Day Dec 23, 2021

Solution

David answered on Dec 23 2021
116 Votes
Q 1)
Solution. If we use maximum likelihood estimate then
Mean=sample mean=3339
Variance =SE^2=250*250=62500
Unbiased variance estimate=62500*300/299=62709.03
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