Question: What is the difference between the Full Bayesian Approach and Empirical Bayes? Select the most correct option from the below choices: Question 1 Answer a

What is the difference between the Full Bayesian Approach and Empirical Bayes?
Select the most correct option from the below choices:
Question 1 Answer
a.
There is no difference
b.
In the Full Bayesian Approach we apply Methods of Moments, whereas in Empirical Bayes we estimate our hyperparameters via maximum likelihood estimation.
c.
In the Full Bayesian Approach we estimate the hyperparameters using our full data set, whereas we pre-specify the hyperparameters in Empirical Bayes.
d.
In Empirical Bayes we do not use hyperparameters, whereas in the Full Bayesian Approach we do.
e.
In Empirical Bayes we estimate the hyperparameters based on our data, whereas in the Full Bayesian Approach these hyperparameters are pre-specified.

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