Suppose that X is a geometric random variable, where p X (k ) (1) k1 , k 1, 2, Assume that the prior distribution for is the beta pdf with parameters r and s Find the posterior distribution for ...

Bayesian Estimation The numerator of g x k ...

Suppose that X is a geometric random variable, where p X (k|) = (1) k1 , k

Question:

Suppose that X is a geometric random variable, where p_X(k|θ) = (1−θ)^k−1θ, k = 1, 2, . . . . Assume that the prior distribution for θ is the beta pdf with parameters r and s. Find the posterior distribution for θ.

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...