Let x ~ B(n, ) and y ~ B(n, p) have independent binomial distributions of the same
Question:
Let x ~ B(n, π) and y ~ B(n, p) have independent binomial distributions of the same index but possibly different parameters. Find the Bayes rule corresponding to the loss
when the priors for π and p are independent uniform distributions.
Transcribed Image Text:
L((π, p), a) = (π – р - а)² -
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (2 reviews)
In Bayesian decision theory the Bayes rule minimizes the posterior expected loss Given the loss func...View the full answer
Answered By
Mugdha Sisodiya
My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
Since 2012 I am providing home tutions.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Suppose that you want to estimate the parameter of a binomial distribution B(n, ). Show that if the loss function is then the Bayes rule corresponding to a uniform [i.e. Be(1, 1) I prior for n is...
-
ONeil orders 4000 Hammer 3/2 wet suits ONeil pays $100 each and sells for $190 each to retailers During its end-of-the-season sales ONeil is able to sell all surplus for $70. Demand for Hammer 3/2 is...
-
Let X and Y be independent binomial random variables with parameters (n, p1) and (m, p2), respectively. (a) Find E (X/n Y/n) (b) Find Var (X/n Y/n) (c) Show that (x/n Y/n) ~ N (E(Y/n Y/n), Var...
-
Determine the degrees of freedom under the following conditions: (a) Tl-20 wt% Pb at 325 C and 400 C; (b) Tl-40 wt% Pb at 325 C and 400 C; (c) Tl-90 wt% Pb at 325 C and 400 C. Refer to the phase...
-
Following are summaries of the balance sheets of five companies. The amounts are all stated as a percentage of total assets. The five companies are ¢ BankAmerica, a large bank ¢ Kelly...
-
Luis Corporation issued 1,000 shares of stock. Instructions Prepare the entry for the issuance under the following assumptions. (a) The stock had a par value of $5 per share and was issued for a...
-
An often-ignored concept in breach of contract is the availability, if any, of the award of punitive damages. Often, cases incorporate both breach of contract and tort actions. The tort actions...
-
Tower Interiors has made the forecast of sales shown in the following table. Also given is the probability of each level of sales. Sales Probability $200,000 ........ 0.20 300,000 ......... 0.60...
-
Suppose the Texas legislature wants to deal with concerns about college affordability. They pass a law that gives every resident in Texas two free years of college education at public colleges and...
-
Investigate possible point estimators for on the basis of the posterior distribution in the example in the subsection of Section 2.10 headed 'Mixtures of conjugate densities'.
-
The negative of loss is sometimes referred to as utility. Consider a gambling game very unlike most in that you are bound to winat least 2, and accordingly in order to be allowed to play, you must...
-
Gaseous propane (C 3 H 8 ) is burned in a steady-flow, constant-pressure process at 100 kPa with 200 percent theoretical air. During the combustion process, 90 percent of the carbon in the fuel is...
-
What strategies can be employed to mitigate discord and foster harmonious relations in complex interpersonal dynamics?
-
Background Information 1. The Rahman family is making preparations to celebrate their 15-year anniversary of being in Canada. The Rahman family has chosen your establishment to celebrate. In total...
-
1.2-a Computers can only add, subtract, multiply and divide. So, how do they calculate a function such as sin(x)? They convert the function to a polynomial using its Taylors Expansion. Remember,...
-
A soccer ball kicked with a net force of 15.5 N accelerates at a rate of 2.3 m/s to the right. What is the mass of the soccer ball?
-
The Illinois (state) transfer tax on a real property sale of $250,000 with a $25,000 assumable loan is?
-
The records of Thomes Boutique report the following data for the month of April. Instructions Compute the ending inventory by the conventional retail inventorymethod. Sales Sales returns Additional...
-
Dawson Companys balance sheet information at the end of 2019 and 2020 is as follows: Additional information: The company did not issue any common stock during 2020. Required : Next Level Fill in the...
-
Why would intermediaries want to be exclusive distributors for a product? Why would producers want exclusive distribution? Would intermediaries be equally anxious to get exclusive distribution for...
-
Explain the present legal status of exclusive distribution. Describe a situation where exclusive distribution is almost sure to be legal. Describe the nature and size of competitors and the industry,...
-
Discuss the promotion a new grocery products producer would need in order to d e velop appropriate channels and move products through those channels. Would the nature of this job change for a new...
-
Include a reflection to the client that discusses the tax recommendations and consequences of your newly chosen energy-friendly initiative. Specifically, you must address the following: Identify the...
-
Best Audits is a medium sized auditing firm with branches all over Zimbabwe. You are an audit manager at Best Audits, currently doing your articles. Your fianc is a finance director at Quilts...
-
A company has the following information related to itsoperations at the end of the year. Average inventory: $44,000 Average net accounts receivables: $51,000 Average total assets: $385,000 Net sales:...
Study smarter with the SolutionInn App