Order Your Paper From the most reliable Essay writing Service. 

.

 


Consider the situation discussed in Exercise 7.4.5. (a) If we observe n =10 n x = 7, and we are…

Consider the situation discussed in Exercise 7.4.5. (a) If we observe n =10 nx = 7, and we are using a symmetric prior, i.e., α = ß plot the prior predictive as a function of : in the range (0 20) (you will need a statistical package that provides evaluations of the gamma function for this). Does this graph clearly select a value for α ?

Exercise 7.4.5

For the model for proportions described in Example 7.1.1, determine the prior predictive density Consider the situation discussed in Exercise 7.4.5. (a) If we observe n =10 n x = 7, and we are... would the prior predictive criterion select for further inferences about θ?