Question: Hello. Could you please answer this Bayesian question? Let X1,X2...Xn be random variables conditionally independent given p, (|)=(|p)==1 where = (1,2,...n), with each Xi ~

Hello. Could you please answer this Bayesian question?

Let X1,X2...Xn be random variables conditionally independent given p,

(|)=(|p)==1 where = (1,2,...n), with each Xi ~ Bernoulli(p). Suppose we assume that p~(,).

a) Derive likelihood function (|p) (2 marks)

b) Find the posterior distribution of p. (2 marks)

c) Show that the posterior mean can be written as a weighted average of the prior mean, and the maximum likelihood estimate of p, . (3 marks)

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!