Samples from the posterior distribution of two parameters, μ and σ, were obtained using a statistical software package. Using these samples the following numerical summaries were produced. node mean sd mu MC error 2.5% 5.0% median 95.0% 97.5% start sample 0.6636 1.459 0.02027 -2.217 -1.845 0.6573 3.056 3.565 1000 5001 sigma 59.79 20.67 0.3235 31.78 37.89 55.96 78.14 109.4 1000 5001 (a) Write down an estimate of the posterior mean and 95% equal-tailed credible interval for o. Comment on the shape of the posterior distribution for o. (b) Was the simulation run for long enough? Justify your answer.
Samples from the posterior distribution of two parameters, μ and σ, were obtained using a statistical software package. Using these samples the following numerical summaries were produced. node mean sd mu MC error 2.5% 5.0% median 95.0% 97.5% start sample 0.6636 1.459 0.02027 -2.217 -1.845 0.6573 3.056 3.565 1000 5001 sigma 59.79 20.67 0.3235 31.78 37.89 55.96 78.14 109.4 1000 5001 (a) Write down an estimate of the posterior mean and 95% equal-tailed credible interval for o. Comment on the shape of the posterior distribution for o. (b) Was the simulation run for long enough? Justify your answer.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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