Let data be x1, . . . , xn. each data-point xi is normally distributed, with unknown mean θ and standard deviation assumed to be equal to 1. As a prior distribution for θ, we assign a normal distribution with mean 5 and standard deviation 10. (a) What is the posterior distribution for θ? (b) What is the posterior mean for θ? (c) What is the posterior median for θ? (d) What is a 95% equal tail credible interval for θ?
Let data be x1, . . . , xn. each data-point xi is normally distributed, with unknown mean θ and standard deviation assumed to be equal to 1. As a prior distribution for θ, we assign a normal distribution with mean 5 and standard deviation 10. (a) What is the posterior distribution for θ? (b) What is the posterior mean for θ? (c) What is the posterior median for θ? (d) What is a 95% equal tail credible interval for θ?
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.CT: Chapter Test
Problem 16CT: How many six-digit license plates can be made if no plate begins with 0 or 1?
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Let data be x1, . . . , xn. each data-point xi is
As a prior distribution for θ, we assign a normal distribution with mean 5 and standard deviation 10.
(a) What is the posterior distribution for θ? (b) What is the posterior mean for θ?
(c) What is the posterior median for θ?
(d) What is a 95% equal tail credible interval for θ?
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