Question: 1. Let XXX, be a random sample from Poisson (0), where is the unknown parameter. Assume the prior -8 e density of is given

1. Let XXX, be a random sample from Poisson (0), where is the unknown parameter. Assume the prior -8 e density of is given by (0)=- 0>0 0 otherwise .Derive the posterior density function of given that T=t where T=X, and hence find a Bayes estimator of i=1 -Ox 2. Suppose that X, X, X, are ID with common density function f(x:0) = {000 17-vis where (>0) is the 3. otherwise unknown parameter. Assume the prior density (0) = {ae [aea 0>0 ' , where a (>0) is known. Derive the otherwise posterior density function of given that Tt where T = X, and hence find a Bayes estimator of i=1 An electrical firm manufactures light bulbs that have a length of life that is approximately normally distributed with unknown mean and a standard deviation of 100 hours. Assume a normal prior distribution for with a mean of 800 hours and a standard deviation of 10 hours. If a random sample of 25 bulbs has an average life of 780 hours, find the probability that the average life of bulbs is between 776 and 813 hours.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
