Question: 4. In Example 4.4 (stack loss data), assess the posterior probabilities of the eight alternative models when the parameters governing outlier selection under P(yi |,
4. In Example 4.4 (stack loss data), assess the posterior probabilities of the eight alternative models when the parameters governing outlier selection under P(yi |β, σ2, ω, η) = (1 − ω)N(yi |β, σ2) + ωN(yi |β, ησ2)
are changed to ω = 0.05 and η = 10.
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