A Simple Formula for Constructing Confidence Interval for the Mean of Bounded Random Variables
نویسنده
چکیده
In this article, we derive an explicit formula for computing confidence interval for the mean of bounded random variables. In additional to its simplicity, the formula is very tight in comparison with existing results in literature.
منابع مشابه
Estimating a Bounded Normal Mean Under the LINEX Loss Function
Let X be a random variable from a normal distribution with unknown mean θ and known variance σ2. In many practical situations, θ is known in advance to lie in an interval, say [−m,m], for some m > 0. As the usual estimator of θ, i.e., X under the LINEX loss function is inadmissible, finding some competitors for X becomes worthwhile. The only study in the literature considered the problem of min...
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تاریخ انتشار 2008