Consider a random sample X1, X2, , Xn from a distribution with pdf Let have a prior pdf that is gamma with 4 and the usual 1 4 Find the conditional mean of , given that X1 x1, X2 x2, , Xn xn f(x 8) 30xe r 0...

Consider a random sample X1, X2, . . . , Xn from a distribution with pdf Let

Question:

Consider a random sample X1, X2, . . . , Xn from a with pdf

Let Î¸ have a prior pdf that is gamma with Î± = 4 and the usual Î¸ = 1/4. Find the conditional mean of Î¸, given that X1 = x1, X2 = x2, . . . , Xn = xn.

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...