Question: Please explain the estimator ty! 2. Consider X ~ Bin(n, 0) with loss function of L(0, 0) = 0(1-0). = (0-8) 2 Prior distribution is

Please explain the estimator ty!

Please explain the estimator ty! 2. Consider X ~ Bin(n, 0) with

2. Consider X ~ Bin(n, 0) with loss function of L(0, 0) = 0(1-0). = (0-8) 2 Prior distribution is given by 0 ~ Unif(0, 1). (a) Find the Bayes estimator of 0. (b) Find a minimax estimator for 0

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