Let X1, X2, . . ., Xn be exponential random variables with parameter . Let the prior

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Let X1, X2, . . ., Xn be exponential random variables with parameter λ. Let the prior π(λ) be exponentially distributed with parameter m, which is a fixed and known constant.
(a) Show that the posterior distribution of l is Gamma (n+1,
H+E).

(b) Obtain the Bayes estimate of λ.

Distribution
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Mathematical Statistics With Applications In R

ISBN: 9780124171138

2nd Edition

Authors: Chris P. Tsokos, K.M. Ramachandran

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