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In Section 7.2.4, we described the Bayesian prediction problem. Using the notation found there,…

In Section 7.2.4, we described the Bayesian prediction problem. Using the notation found there, suppose we wish to predict In Section 7.2.4, we described the Bayesian prediction problem. Using the notation found there,... assess the accuracy of a predictor by

then determine the prior predictor that minimizes this quantity (assume all relevant expectations are finite). If we observe s0then determine the best predictor. In Section 7.2.4, we described the Bayesian prediction problem. Using the notation found there,...