Ex. 3.7 Assume y; ~ N(Bo + x3,0),i=1,2,..., N, and the parameters B, j = 1,...,p...
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Ex. 3.7 Assume y; ~ N(Bo + x3,0²),i=1,2,..., N, and the parameters B₁, j = 1,...,p are each distributed as N(0, 72), independently of one another. Assuming o2 and 72 are known, and Bo is not governed by a prior (or has a flat improper prior), show that the (minus) log-posterior density of 3 is proportional to ₁1(i3o - EjBj)² + ₁ =18² where X = 02/7². Ex. 3.7 Assume y; ~ N(Bo + x3,0²),i=1,2,..., N, and the parameters B₁, j = 1,...,p are each distributed as N(0, 72), independently of one another. Assuming o2 and 72 are known, and Bo is not governed by a prior (or has a flat improper prior), show that the (minus) log-posterior density of 3 is proportional to ₁1(i3o - EjBj)² + ₁ =18² where X = 02/7².
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Ex 371 BEN YiBo x j Pg 1 3 J 2 where 0T The para meters B 11 ... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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