Which of the tools for decision making (quantitative methods, qualitative methods, and triangulation methods) should be used in developing operating procedures? Justify and explain your response.© BrainMass Inc. brainmass.com October 25, 2018, 3:01 am ad1c9bdddf
The triangulation method is the best tool to use when it comes to decision making for developing operating procedures. This is because a person can use both quantiative and qualitative in order to keep ...
This solution provided ways in which certain tools are used in developing operating procedures, such as quantitative, qualitative, or triangulation methods.
Sufficiency and Order Statistics
Let Y1<Y2<...<Yn be the order statistics of a random sample of size n from the uniform distribution over the closed interval [-theta, theta ]
having pdf f(x; theta ) = (1/2(theta))I[-theta , theta ](x).
Argue that the mle of theta; equals theta;hat= max(-Y1, Yn).
Demonstrate that the mle theta;hat is a sufficient statistic for theta;.
Define at least two ancillary statistics for this distribution
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