Let X1, X2, . . ., Xn be Poisson random variables with parameter . Assume that
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(a) Compute the posterior distribution of λ.
(b) Obtain the Bayes estimate of λ.
(c) Compare the MLE of λ with the Bayes estimate of λ.
(d) Which of the two estimates is better? Why? Distribution
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Related Book For
Mathematical Statistics With Applications In R
ISBN: 9780124171138
2nd Edition
Authors: Chris P. Tsokos, K.M. Ramachandran
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