(See Solution) Let X_1,X_2,...,X_10 be a random sample from an exponential random variable with density f(x)=λ e^-λ x on x > 0. How would
Question: Let \({{X}_{1}},{{X}_{2}},...,{{X}_{10}}\) be a random sample from an exponential random variable with density \(f\left( x \right)=\lambda {{e}^{-\lambda x}}\) on x > 0. How would you test \({{H}_{0}}:\lambda =0.20\) versus \({{H}_{a}}:\lambda =0.25\) at the level of significance \(\alpha =0.05\) ?
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