Consider again the conditions of Exercise 10, and assume the same prior distribution of . Suppose now,

Question:

Consider again the conditions of Exercise 10, and assume the same prior of θ. Suppose now, however, that six observations are selected at random from the uniform on the interval [θ – 1/2, θ + 1/2], and their values are 11.0, 11.5, 11.7, 11.1, 11.4, and 10.9. Determine the posterior 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...