Confidence Interval for the Mean of a Bounded Random Variable and Its Applications in Point Estimation

arXiv0802.3458MaRDI QIDQ6208518FDOQ6208518

Publication date: 23 February 2008

Abstract: In this article, we derive an explicit formula for computing confidence interval for the mean of a bounded random variable. Moreover, we have developed multistage point estimation methods for estimating the mean value with prescribed precision and confidence level based on the proposed confidence interval.

This page was built for publication: Confidence Interval for the Mean of a Bounded Random Variable and Its Applications in Point Estimation

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q6208518)