Use the data in Table 11 19 on page 762 This time fit the model developed in Example 12 5 6 Use the prior hyper parameters 0 0 1, 0 0 1, u0 0 001, and 0 800 Obtain a sample of 10,000 from the posterior joint distribution of the parameters Estimate the posterior means of the three parameters 1, 2, and 3

Question: Use the data in Table 11.19 on page 762.This time fit the model developed in Example 12.5.6. Use the prior hyper parameters 0 = 0

Use the data in Table 11.19 on page 762.This time fit the model developed in Example 12.5.6. Use the prior hyper parameters λ0 = α0 = 1, β0 = 0.1, u0 = 0.001, and ψ0 = 800. Obtain a sample of 10,000 from the posterior joint of the parameters. Estimate the posterior means of the three parameters μ1, μ2, and μ3.

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