Question: In the previous two problems we found the posterior distribution of the slope of y on x, the rate of weevil infestation for endophyte infected

In the previous two problems we found the posterior distribution of the slope of y on x, the rate of weevil infestation for endophyte infected and noninfected ryegrass. Let β1 be the slope for noninfected ryegrass, and let β2 be the slope for infected ryegrass

(a) Find the posterior distribution of β1 − β2.

(b) Calculate a 95 % credible interval for β1 − β2.

(c) Test the hypothesis H0 : β1 − β2 ≤ 0 versus H1 : β1 − β2 > 0 at the 10 % level of significance.

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 Statistics Econometrics Questions!