Let X1, X2, . . ., Xn be Poisson random variables with parameter . Assume that
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(a) Compute the posterior distribution of l and show that it is Gamma
(b) Find the Bayes estimate of λ.
DistributionThe 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...
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Related Book For
Mathematical Statistics With Applications In R
ISBN: 9780124171138
2nd Edition
Authors: Chris P. Tsokos, K.M. Ramachandran
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