Question: Given this problem, can someone please guide me to the answers. Chapter 7: Bayesian Inference 403 419/776 if inference was discussed in this section, namely,

Given this problem, can someone please guide me to the answers.

Given this problem, can someone please guide me to the answers. Chapter

Chapter 7: Bayesian Inference 403 419/776 if inference was discussed in this section, namely, prediction prob- ve are concerned with predicting an unobserved value from a sam- pung Hurt. EXERCISES 7.2.1 For the model discussed in Example 7.1.1, derive the posterior mean of w = 0' where m > 0. 7.2.2 For the model discussed in Example 7.1.2, determine the posterior distribution of the third quartile w = / + 6020.75. Determine the posterior mode and the posterior expectation of w. 7.2.3 In Example 7.2.1, determine the posterior expectation and mode of 1/62. 7.2.4 In Example 7.2.1, determine the posterior expectation and mode of o. (Hint: You will need the posterior density of o to determine the mode.) 7.2.5 Carry out the calculations to verify the posterior mode and posterior expectation of 61 in Example 7.2.4. 7.2.6 Establish that the variance of the O in Example 7.2.2 is as given in Example 7.2.6. Prove that this goes to 0 as n - co. 7.2.7 Establish that the variance of 01 in Example 7.2.4 is as given in Example 7.2.6. Prove that this goes to 0 as n - co. 7.2.8 In Example 7.2.14, which of the two predictors derived there do you find more sensible? Why? 7.2.9 In Example 7.2.15, prove that the posterior predictive distribution for X,+ 1 is as stated. (Hint: Write the posterior predictive distribution density as an expectation.) 7.2.10 Suppose that (X1, . .., X,) is a sample from the Exponential(1) distribution, where 1 > 0 is unknown and 2 ~ Gamma(ao, Bo). Determine the mode of posterior distribution of 1. Also determine the posterior expectation and posterior variance of 1. 7.2.11 Suppose that (x1, . .., X,) is a sample from the Exponential(1) distribution where 1 > 0 is unknown and 1 ~ Gamma(ao, So). Determine the mode of poste- rior distribution of a future independent observation X,+1. Also determine the poste- rior expectation of Xn+1 and posterior variance of Xn+1. (Hint: Problems 3.2.16 and 3.3.20.) 7.2.12 Suppose that in a population of students in a course with a large enrollment, the mark, out of 100, on a final exam is approximately distributed N(u, 9). The instructor places the prior # ~ N(65, 1) on the unknown parameter. A sample of 10 marks is obtained as given below. 46 68 34 86 75 56 77 73 53 64 (a) Determine the posterior mode and a 0.95-credible interval for u. What does this interval tell you about the accuracy of the estimate? (b) Use the 0.95-credible interval for / to test the hypothesis Ho : / = 65. (c) Suppose we assign prior probability 0.5 to u = 65. Using the mixture prior II = 0.511 1 + 0.5112, where II, is degenerate at u = 65 and II2 is the N(65, 1) distribution, compute the posterior probability of the null hypothesis. 404 Section 7.2: Inferences Based on the Posterior (d) Compute the Bayes factor in favor of Ho : / = 65 when using the mixture prior. 7213

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