Sensitivity Analysis of the T Distribution Under Truncated Normal Populations.pdfVIP

isid/ms/2007/08 June 20, 2007 http://www.isid.ac.in/~statmath/eprints Sensitivity Analysis of the T - Distribution Under Truncated Normal Populations DALE BOROWIAK and ASHISH DAS Indian Statistical Institute, Delhi Centre 7, SJSS Marg, New Delhi-110 016, India Sensitivity Analysis of the T - Distribution Under Truncated Normal Populations Dale Borowiak Department of Statistics, University of Akron, Akron, Ohio 44325 and Ashish Das Stat-Math Division, Indian Statistical Insitute, New Delhi 110019 Abstract In recent literature the truncated normal distribution has been used to model the stochastic structure for variety of random structures. In this paper the sensitivity of the t-random variable under a left truncated normal population is explored. Simulation results are used to assess the errors associated with estimating the reliabilities, over a range of locations, with the standard t distribution. The maximum errors are modeled as a linear function of the magnitude of the truncation and sample size. In the case of a left truncated normal population, adjustments to standard inferences for the mean, namely confidence intervals and observed significance levels, based on the t random variable are introduced. Key Words and Phrases : Left Truncated Normal, t-Distribution, Skewness, Simulation 1. Introduction The statistical modeling of physical and economic systems often involve