Question: If S2 is the sample variance based on a sample of size n from a normal population, we know that (n - l)S2/Ï2 has a

If S2 is the sample variance based on a sample of size n from a normal population, we know that (n - l)S2/σ2 has a X2n-1 distribution. The conjugate prior for σ2 is the inverted gamma pdf, IG(α, β), given by
If S2 is the sample variance based on a sample

where α and β are positive constants. Show that the posterior distribution of σ2 is

If S2 is the sample variance based on a sample

Find the mean of this distribution, the Bayes estimator of σ2.

2)a+1 -1)S11-1

Step by Step Solution

3.36 Rating (165 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Let t s 2 and 2 Because n 1S 2 2 X 2 n1 we have With as given we h... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

941-M-S-P (8772).docx

120 KBs Word File

Students Have Also Explored These Related Statistics Questions!