From data + prior to interval. Find (I_{2 alpha}^{mu}) and (I_{2 alpha}^{+}). (a) Prior: (kappa_{0}=3, tau_{0}=5). Observed:

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From data + prior to interval. Find $I_{2 \alpha}^{\mu}$ and $I_{2 \alpha}^{+}$.

(a) Prior: $\kappa_{0}=3, \tau_{0}=5$. Observed: $n=13$ occurrences during $t=20$ units. $2 \alpha=0.02$.

(b) Prior: $\kappa_{0}=4, \tau_{0}=8$. Observed: $n=48$ occurrences during $t=100$ units. $2 \alpha=0.1$.

(c) Prior: $\kappa_{0}=0, \tau_{0}=0$. Observed: $n=7$ occurrences during $t=128$ units. $2 \alpha=0.001$.

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The Bayesian Way Introductory Statistics For Economists And Engineers

ISBN: 9781119246879

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Authors: Svein Olav Nyberg

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Question Posted: Mar 17, 2024 08:00 AM

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From data + prior to interval. Find (I_{2 alpha}^{mu}) and (I_{2 alpha}^{+}). (a) Prior: (kappa_{0}=3, tau_{0}=5). Observed:

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The Bayesian Way Introductory Statistics For Economists And Engineers

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