Question: 7.6* Explain how you would use simulation of the posterior distribution to evaluare the posterior distribution of 03,w here y f ) I I x

7.6* Explain how you would use simulation of the posterior distribution to evaluare the posterior distribution of 03,w here y f ) I I x , = u + b x , + ~ j , i = l , . . , , n, E, - N(0, 02),th e E, are uncorrelated, (a,b ) are unknown coefficients, and the prior distribution is

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