The number of cracks in the tarmac per kilometer of road is assumed to follow a Poisson

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The number of cracks in the tarmac per kilometer of road is assumed to follow a Poisson process with rate $\lambda$.

Your job is to find this rate for a lesser highway, and you have found 13 cracks in $10 \mathrm{~km}$. Use neutral prior, and calculate the posterior probability distribution of $\lambda$.

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The Bayesian Way Introductory Statistics For Economists And Engineers

ISBN: 9781119246879

1st Edition

Authors: Svein Olav Nyberg

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Question Posted: Mar 27, 2024 02:00 AM

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The number of cracks in the tarmac per kilometer of road is assumed to follow a Poisson

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The Bayesian Way Introductory Statistics For Economists And Engineers

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