1. Suppose that X,,...., X. is a random sample from f(x|a) = le 24, x>0 with prior distribution on 2 given by 2 - Gam(1,
Posted: Thu Apr 28, 2022 7:12 am
1. Suppose that X,,...., X. is a random sample from f(x|a) = le 24, x>0 with prior distribution on 2 given by 2 - Gam(1,2). Find the posterior distribution (2x,....X)
Find a Bayesian point estimate for 2 and a 95% credible interval for 2 if a sample of size 7 yielded x = 10.
Find a Bayesian point estimate for 2 and a 95% credible interval for 2 if a sample of size 7 yielded x = 10.