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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Refer to Exercise 8.36. An engineer observes n = 10 independent length-of-life measurements on a type of electronic component. The average of these 10 measurements is 1020 hours. If these lengths of life come from an exponential distribution with mean θ, estimate θ and place a 2-standard-error bound on the error of estimation.
Exercise 8.36
If Y1, Y2, . . . , Yn denote a random sample from an exponential distribution with mean θ, then
 unbiased estimator for θ and provide an estimate for the standard error of your estimator.
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