Question: 4. Given two normal densities with variances 1 and with means 1 and 1, respectively, find the Bayes solution based on a single observation when
4. Given two normal densities with variances 1 and with means −1 and 1, respectively, find the Bayes solution based on a single observation when a = b and
(a) π0 =
π1 = 12
, and
(b) π0 = 14
, π1 = 34
.
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