Suppose that a single observation X is to be taken from the uniform distribution on the interval

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Suppose that a single observation X is to be taken from the uniform distribution on the interval [θ – 1/2, θ + 1/2], the value of θ is unknown, and the prior distribution of θ is the uniform distribution on the interval [10, 20]. If the observed value of X is 12, what is the posterior distribution of θ?
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Probability And Statistics

ISBN: 9780321500465

4th Edition

Authors: Morris H. DeGroot, Mark J. Schervish

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