Question: Solve plz... Suppose X1, .... X, is a random sample from the distribution f(x|0) = 30re or, where r > 0. Give 0 a prior

Solve plz...

Suppose X1, .... X, is a random sample from the distribution f(x|0) = 30re or, where r > 0. Give 0 a prior distribution using the same shape-scale gamma pdf as in Question 1, but with k = 4 and 0 = 2. Find EX], using the posterior distribution

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The quality of the argumentation

The status rule: We tend to have more confidence in information presented by someone who has a relatively high status and rank in society than by someone who hasnt.

The spatial rule: The closer spatial proximity we have to an event, the more importance we will attach to it.