Suppose that you want to estimate the parameter of a binomial distribution B(n, ). Show that
Question:
Suppose that you want to estimate the parameter π of a binomial distribution B(n, π). Show that if the loss function is
then the Bayes rule corresponding to a uniform [i.e. Be(1, 1) I prior for n is given by d(x) = x for any x such that 0
Transcribed Image Text:
L(0, a) = (0 − a)² /{0(1 − 0)},
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (5 reviews)
It looks like youre dealing with a binomial distribution Bn where n is the number of trials and is t...View the full answer
Answered By
Mugdha Sisodiya
My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
Since 2012 I am providing home tutions.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
5. A uniform 6.00 m-long boom has a mass of 55.0 kg. It is kept in position by a restraining cable attached three-quarters of the way along the boom. What is the tension in this cable when the boom...
-
In Problems 1526, find a basis for the solution space of the given homogeneous linear system. 93 x13x29x3 - 5x4 = 0 2x1 + x2 - 4x3 + 11x4 = 0 x1 + 3x2 + 3x3 + 13x4 = 0
-
3. Terry and June have a property valued at 1,210,000. They have additional cash investments of 75,000. They would like to leave their property to their direct descendants when they die. Calculate...
-
Figure 11-31 shows a cooling curve for a Pb-Sn alloy. Determine (a) The pouring temperature; (b) The superheat; (c) The liquidus temperature; (d) The eutectic temperature; (e) The freezing range; (f)...
-
Forbes annually provides a list of the most valuable companies in the world. The top 10 most valuable companies in the United States, from the 2007 Forbes 2000, follow. As an analyst for a securities...
-
Building on Work Application 141, give examples of preliminary, concurrent, rework, and damage controls for an organization you work for or have worked for.
-
Identify the key elements for managing sustainability.
-
Jay Mills started a business by issuing a $60,000 face value note to State National Bank on January 1, 2013. The note had a 6 percent annual rate of interest and a 10-year term. Payments of $8,152...
-
Find the general solution of the equation 2x+y +4
-
Let x ~ B(n, ) and y ~ B(n, p) have independent binomial distributions of the same index but possibly different parameters. Find the Bayes rule corresponding to the loss when the priors for and p...
-
The negative of loss is sometimes referred to as utility. Consider a gambling game very unlike most in that you are bound to winat least 2, and accordingly in order to be allowed to play, you must...
-
Classify the following events as mostly systematic or mostly unsystematic. Is the distinction clear in every case? a. Short-term interest rates increase unexpectedly. b. The interest rate a company...
-
What are the primary challenges in achieving straight-through processing (STP) in bank operations, and what benefits does STP offer to banks in terms of efficiency and error reduction?
-
Doc Inmaking is trying to identify a clear colorless solvent. The possible identities are toluene (density=0.867 g/mL), ethanol (density=0.789 g/mL), and chloroform (density=1.483 g/mL). He obtains...
-
8. Now suppose that the ramp is tilted downwards as shown below. Vi 15 Suppose that the sphere leaves the ramp at 1.5 m/s. The bottom of the ramp is 0.90 m above the floor. Calculate the range of the...
-
describe what value you think these types of law have from the perspective of running a business, and explain any disadvantages you think these types of law have for businesses. SCENERIO 1) From a...
-
How does the Internet facilitate piracy? How might we explain the high levels of involvement in such practices by young people? Whose interests does the criminalization of copying serve? Is there a...
-
The U.S. Census Bureau publishes data on housing units in American Housing Survey for the United States. The following table provides a frequency distribution for the number of rooms in U.S. housing...
-
A stock has had returns of 8 percent, 26 percent, 14 percent, 17 percent, 31 percent, and 1 percent over the last six years. What are the arithmetic and geometric average returns for the stock?
-
Describe the advantages and disadvantages of the approaches to international market entry discussed in this chapter.
-
Hydropump, Inc., produces and sells high-quality pumps to business customers. Its marketing research shows a growing market for a similar type of pump aimed at final consumersfor use with...
-
Explain how adjusting the customer service level could improve a marketing mix. I l lustrate.
-
In developing a budget, which of the following should be considered? I. Balance sheet II. Chart of accounts III. Expenses from the current/past year IV. Purchasing contracts V. Physician compensation...
-
JOIICS SUIT SHOPSales BudgetQuarter 1Quarter 2Quarter 3Expected Sales Units150175Sales Price per Unit$250250$250otal Sales Revenue37,500$ JOIICS SUIT SHOPSales BudgetQuarter 1Quarter 2Quarter...
-
Which of the following statements is true concerning foreign income tax paid? Question 39Select one: a. If a taxpayer takes a subtraction on their Oregon return, then the subtraction is included as...
Study smarter with the SolutionInn App