Suppose we start with a (operatorname{gamma}(62)) prior for . Find the posterior distribution using the macro PoisGamP

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Suppose we start with a \(\operatorname{gamma}(62)\) prior for . Find the posterior distribution using the macro PoisGamP in Minitab or or the function poisgamp in \(\mathrm{R}\).

(a) Find the posterior mean and median.

(b) Find a 95\% Bayesian credible interval for .

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Related Book For  answer-question

Introduction To Bayesian Statistics

ISBN: 9781118091562

3rd Edition

Authors: William M. Bolstad, James M. Curran

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