Question

In: Statistics and Probability

Estimation of the parameters for the Normal and LogNormal distributions. DATA SET A: 2, 14, 23,...

Estimation of the parameters for the Normal and LogNormal distributions. DATA SET A: 2, 14, 23, 45, 67, 75, 89, 99, 101, 123, 138, 159, 188, 201, 203 DATA SET B: 13, 24, 35+, 65, 86, 99, 109, 118+, 131, 159, 189, 207 DATA SET C: 5, 13, 34+, 46+, 55, 74, 89, 93, 104, 112+, 126, 134, 145, 159, 167+, 173, 198, 203, 226, 241 DATA SET D: 9, 14, 85, 99, 126, 155, 169+, 199, 201+, 224+, 229, 256, 265, 289 (Note: + means censored time) For each of the data sets above, produce the following: Estimate the Mean and Population Standard Deviation parameters for the Normal Distribution using linear regression and comment on the strength of the fit. Estimate the Mean and Population Standard Deviation parameters for the LogNormal Distribution using linear regression and comment on the strength of the fit. Please show and explain work for each data set or explain how to plug numbers in for next group.

Solutions

Expert Solution

Solution:-

Given data

The Normal and LogNormal distributions

Data Set A:

Statistics

Variable N N* Mean SE Mean StDev Minimum Q1 Median Q3 maximum
C1 15 0 101.8 17.1 66.4 2.0 45.0 99.0 159.0 203.0

Regression Analysis: C1 versus C2

The regression equation is

C1 = -16.23 + 14.75 C2

Model summary

S R-sq R-sq(adj)
7,86128 98.70% 98.60%

Analysis of Varaince

Source DF SS MS F P
Regression 1 60947.0 60947.0 986.20 0.000
Error 13 803.4 61.8
Total 14 61750.4


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