Do the skewness and kurtosis of the exponential distribution suggest that the bootstrap-t method will provide a more accurate confidence interval for µt versus the confidence interval given by Eq....

Do the skewness and kurtosis of the exponential distribution suggest that the bootstrap-t method will provide a more accurate confidence interval for µt versus the confidence interval given by Eq. (4.3)?

If the exponential distribution has variance µ_[2]
= σ², then µ_[3]
= 2σ³
and µ_[4]
= 9σ⁴. Determine the skewness and kurtosis. What does this suggest about getting an accurate confidence interval for the mean?