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  answer-question

Introduction To Bayesian Statistics

ISBN: 9781118091562

3rd Edition

Authors: William M. Bolstad, James M. Curran

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