Suppose we start with a (operatorname{gamma}(62)) prior for . Find the posterior distribution using the macro PoisGamP
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Suppose we start with a \(\operatorname{gamma}(62)\) prior for . Find the posterior distribution using the macro PoisGamP in Minitab or or the function poisgamp in \(\mathrm{R}\).
(a) Find the posterior mean and median.
(b) 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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