The number of defects per 10 meters of cloth produced by a weaving machine has the Poisson

Question:

The number of defects per 10 meters of cloth produced by a weaving machine has the Poisson distribution with mean . You examine 100 meters of cloth produced by the machine and observe 71 defects.

(a) Your prior belief about is that it has mean 6 and standard deviation 2. Find a \(\operatorname{gamma}(r v)\) prior that matches your prior belief.

(b) Find the posterior distribution of given that you observed 71 defects in 100 meters of cloth.

(c) Calculate a \(95 \%\) Bayesian credible interval for .

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Introduction To Bayesian Statistics

ISBN: 9781118091562

3rd Edition

Authors: William M. Bolstad, James M. Curran

Question Posted: