i) Derive method of moments and maximum-likelihood estimators for parameter µbased on a sample of size n from a Normal distribution having known variance σ2 andunknown mean µ. Compute your estimators if the observed sample is 3, 6, 2, 0, 0, 3.ii) A pollution study of areas in Delhi found the following amount of PM2.5 (measuredin ppm) in 5 different samples from various areas in Delhi0.22, 0.27, 0.32, 0.33 and 0.36
Assuming that the population sampled is normal, construct a 90% confidence intervalfor the true mean level of PM2.5 in Delhi.iii) On the average, a certain computer part lasts ten years. The length of time thecomputer part lasts is exponentially distributed.a) What is the probability that a computer part lasts more than 7 years?b) On the average, how long would five computer parts last if they are used oneafter another?iv)For a given sample size, can we say unequivocally that 99% confidence level is to bepreferred to a 95% level? Why or why not?
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