Question: Suppose that X1, . . . , Xn form a random sample from a distribution for which the p.d.f. f (x|) is as follows: Suppose
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Suppose also that the value of the parameter θ is unknown (θ > 0), and the prior distribution of θ is the gamma distribution with parameters α and β (α > 0 and β > 0). Determine the mean and the variance of the posterior distribution of θ.
f(x16) =16x6-1 for 0
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The joint pdf of X 1 X n has the following form for 0 x i 1i 1 n The prior pdf of has ... View full answer
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