Small Sample Confidence Intervals in Log Space Back-Transformed From Normal Space - Softcover

Tisdel, Jason E.

Softcover

ISBN 10: 1288294832 ISBN 13: 9781288294831

Verlag: British Library, Historical Print Editions, 2012

Inhaltsangabe

The logarithmic transformation is commonly applied to a lognormal data set to improve symmetry, homoscedasticity, and linearity. Simple to implement and easy to understand, the logarithm function transforms the original data to closely resemble a normal distribution. Analysis in the normal space provides point estimates and confidence intervals, but transformation back to the original space using the naive approach yields confidence intervals of impractical width. The naive approach applies the exponential function e to the parameter of interest in normal space to obtain the corresponding parameter of interest in the original space. The naive approach offers results that are often inadequate for practical purposes. We present an alternative approach that provides improved results in the form of decreased interval width, increased confidence level, or both. Our alternative approach yields dramatically improved results at small sample sizes drawn from the right tail of the lognormal distribution.

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Details zur Ausgabe

• Verlag: British Library, Historical Print Editions
• Erscheinungsdatum: 2012
• Sprache: Englisch
• ISBN 10: 1288294832
• ISBN 13: 9781288294831
• Einband: Taschenbuch
• Anzahl der Seiten: 74
• Kontakt zum Hersteller: Nicht verfügbar
• Verantwortliche Person: gpsr@libri.de; gpsr@libri.de; ; Friedensallee 273; Hamburg; 22763; Deutschland