Question: is known. Use a normal (0, 102) prior for . What is the posterior distribution of . (f) Find a 95% credible interval for .
is known. Use a normal (0, 102)
prior for β. What is the posterior distribution of β.
(f) Find a 95% credible interval for β.
(g) Perform a Bayesian test of H0 : β ≤ 0 versus H1 : β > 0 at the 95 % level of significance.
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