Suppose we start with a Je reys' prior for the Poisson parameter . [ g()=quad frac{1}{2} ]
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Suppose we start with a Je reys' prior for the Poisson parameter .
\[
g()=\quad \frac{1}{2}
\]
(a) What gamma( \(r v)\) prior will give this form?
(b) Find the posterior distribution using the macro PoisGamP in Minitab or or the function poisgamp in \(\mathrm{R}\).
(c) Find the posterior mean and median.
(d) Find a 95\% Bayesian credible interval for .
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Related Book For
Introduction To Bayesian Statistics
ISBN: 9781118091562
3rd Edition
Authors: William M. Bolstad, James M. Curran
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