Question: can anyone help solve this question 4. A large shipment of parts is received, out of which 5 are tested for defects. The number of

can anyone help solve this question

4. A large shipment of parts is received, out of which 5 are tested for defects. The number of defective parts X, is assumed to have a Bin(5, 0) distribution. From past shipments, it is known that O has a Be(1,9) prior distribution. (i) Find the 95% HPDCR for 0, if x = 0 is observed. (Hint: sketch the posterior curve) [2] (ii) It is desired to test H. : 0 <.1 vs h :> 0.1. Find the posterior probabilities of the two hypotheses and the Bayes decision if x =0 is observed. [3]

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

A large shipment of parts is received, out of which five are tested for defects. The number of defective parts, X, is assumed to have a B(5, 0) distribution. From past shipments, it is known that has...

Question: Discuss which stage of manufacturing that Copeland currently is in, as described in reading #37. " stages of manufacturing" "Copeland Case" EXHIBIT 1 Stages in Manufacturing's Strategic...

please answer as many questions as you can. Discuss how Copeland has competed on quality. Discuss how Copeland has competed on productivity. Discuss how Copeland has competed on new products and...

Part:1 Discuss how Copeland has competed on productivity. Discuss how Copeland has competed on new products and processes. 36. Copeland Corporation: Evolution of a Manufacturing Strategy, 1975-1982...

Discuss the six tools of the operating manager: measurement systems, technology, organizational structure, people, leadership signals, and culture. Be prepared to discuss each in relation to the...

Read the above passage and then answer short questions Summarize and elaborate the research method of this article in concise language Application Research Based on Machine Learning in Network...

Analyze this article and provide your summary in no more than 500 words. COSTS Measure Costs Right: Make the Right Decisions by Robin Cooper and Robert S. Kaplan From the September 1988 Issue anagers...

Scenario TRRUSS is a small business whose primary business is repairing computer circuit board components. It has a long-standing relationship with its major client (MC), whereby TRRUSS repairs,...

can anyone help with this 4. A large shipment of parts is received, out of which 5 are tested for defects. The number of defective parts X, is assumed to have a Bin(5, 0) distribution. From past...

Need help with these multiple choice questions for internal audit final exam. Due in 2 hours. QUESTION 1 RsQ_004Without management direction and assumption of responsibility, it would be...

Extra Corporation was formed in 1995. It is based in Kentucky and operates throughout the US southeast. Extra is owned by the Xavier family, one-third each by sister Carol (age 55), sister Joan (age...

An investment portfolio has a mean return of 8% and a standard deviation of 15%. The portfolio consists of two assets, A and B, with weights of 40% and 60%, respectively. Asset A has a mean return of...

In general, an AIS helps make business processes more efficient and effective, and can be expected to create what for the company? Question 2 options: Time. All of the answers are correct. Value....

Construct an income statement from the following information: Taxes = $2000; Cost of goods sold = $345,000; Depreciation = $112,000; Revenue = $744,000; Interest expense = $82,000; Selling, general,...

Understand key international issues concerning: learning, training and talent development; high-performance working systems; worklife balance and diversity and equality.

1. What do employees who have family with special needs have to consider when accepting an international assignment?

understand the key issues concerning international assignments