Question

There is a single observation of a random variable X which has a PDF f(x). a. Construct the best of size 0.5 for the null hypothesis H, : X ~ Pareto(1) against the alternative hypothesis H2 : X~IGamma(1,1) [4] b. Calculate the power of your test. [5]

Answer 1

There is a single observation of a random variable X which has a PDF f(x). a. Construct the best of size 0.5 for the null hypothesis H, : X ~ Pareto(1) against the alternative hypothesis H2 : X~IGamma(1,1) [4] b. Calculate the power of your test. [5]