Question
Statistics Question on Sampling Distributions
Let 2.5, -1.0, 0.5, 1.5 be the observed values of a random sample of size 4 from a continuous distribution with the probability density function
f(x)=81e−∣x−2∣+42π3e−21(x−θ)2, x∈R,
where θ ∈ R is unknown. Then the method of moments estimate of θ equals __________ (round off to 2 decimal places)
Answer
The correct answer is 0.48 to 0.52.(approx)