Question: (b) Now suppose that the rate parameter A is unknown, but there are three measurements of interblockage times, T1 : 2, T 2 : 4,

 (b) Now suppose that the rate parameter A is unknown, but

(b) Now suppose that the rate parameter A is unknown, but there are three measurements of interblockage times, T1 : 2, T 2 : 4, and T3 : 8. (i) How would classical statistician estimate /\\ ? (ii) What is the Bayes estimator of A if the prior is 7r()\\) : f, /\\ > 0. Hint. In (ii) of (b), the prior is not a proper distribution, but the posterior is. Identify the posterior from the product of the likelihood from (i) and the prior, no need to integrate

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