Solution Found!
A simple random sample X1,..., Xn is drawn from a population, and the quantities ln
Chapter 4, Problem 4(choose chapter or problem)
A simple random sample \(X_{1}, \ldots, X_{n}\) is drawn from a population, and the quantities ln \(X_{1}, \ldots, \ln X_{n}\) are plotted on a normal probability plot. The points approximately follow a straight line. True or false:
a. \(X_{1}, \ldots, X_{n}\) come from a population that is approximately lognormal.
b. \(X_{1}, \ldots, X_{n}\) come from a population that is approximately normal.
c. \(\ln X_{1}, \ldots, \ln X_{n}\) come from a population that is approximately lognormal.
d. \(\ln X_{1}, \ldots, \ln X_{n}\) come from a population that is approximately normal.
Equation Transcription:
Text Transcription:
X1,...,Xn
X1,...,ln Xn
X1,...,Xn
X1,...,Xn
ln X1,...,ln Xn
ln X1,...,ln Xn
Questions & Answers
QUESTION:
A simple random sample \(X_{1}, \ldots, X_{n}\) is drawn from a population, and the quantities ln \(X_{1}, \ldots, \ln X_{n}\) are plotted on a normal probability plot. The points approximately follow a straight line. True or false:
a. \(X_{1}, \ldots, X_{n}\) come from a population that is approximately lognormal.
b. \(X_{1}, \ldots, X_{n}\) come from a population that is approximately normal.
c. \(\ln X_{1}, \ldots, \ln X_{n}\) come from a population that is approximately lognormal.
d. \(\ln X_{1}, \ldots, \ln X_{n}\) come from a population that is approximately normal.
Equation Transcription:
Text Transcription:
X1,...,Xn
X1,...,ln Xn
X1,...,Xn
X1,...,Xn
ln X1,...,ln Xn
ln X1,...,ln Xn
ANSWER:
Problem 4
A simple random sample X1,..., Xn is drawn from a population, and the quantities ln X1,..., ln Xn are plotted on a normal probability plot. The points approximately follow a straight line. True or false:
a. X1,..., Xn come from a population that is approximately lognormal.
b. X1,..., Xn come from a population that is approximately normal.
c. ln X1,..., ln Xn come from a population that is approximately lognormal.
d. ln X1,..., ln Xn come from a population that is approximately normal.
Step by step solution
Step 1 of 3
Given Information:
1. A simple random sample is taken from a population.
2. form a straight line on a normal probability plot.