Suppose that you want to estimate the parameter of a binomial distribution B(n, ). Show that
Question:
Suppose that you want to estimate the parameter π of a binomial distribution B(n, π). Show that if the loss function is
then the Bayes rule corresponding to a uniform [i.e. Be(1, 1) I prior for n is given by d(x) = x for any x such that 0
Transcribed Image Text:
L(0, a) = (0 − a)² /{0(1 − 0)},
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (5 reviews)
It looks like youre dealing with a binomial distribution Bn where n is the number of trials and is t...View the full answer
Answered By
Mugdha Sisodiya
My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
Since 2012 I am providing home tutions.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
5. A uniform 6.00 m-long boom has a mass of 55.0 kg. It is kept in position by a restraining cable attached three-quarters of the way along the boom. What is the tension in this cable when the boom...
-
In Problems 1526, find a basis for the solution space of the given homogeneous linear system. 93 x13x29x3 - 5x4 = 0 2x1 + x2 - 4x3 + 11x4 = 0 x1 + 3x2 + 3x3 + 13x4 = 0
-
3. Terry and June have a property valued at 1,210,000. They have additional cash investments of 75,000. They would like to leave their property to their direct descendants when they die. Calculate...
-
Figure 11-31 shows a cooling curve for a Pb-Sn alloy. Determine (a) The pouring temperature; (b) The superheat; (c) The liquidus temperature; (d) The eutectic temperature; (e) The freezing range; (f)...
-
Forbes annually provides a list of the most valuable companies in the world. The top 10 most valuable companies in the United States, from the 2007 Forbes 2000, follow. As an analyst for a securities...
-
The article "Advances in Oxygen Equivalence Equations for Predicting the Properties of Titanium Welds" (D. Harwig, W. Ittiwattana, and H. Castner, The Welding Journal, 2001:126s-136s) reports an...
-
Lauren Inc. makes three products that can be sold at split-off or processed further and then sold. The joint cost for April is \(\$ 1,080,000\). The number of ounces in a bottle of each product is:...
-
The adjusted trial balance for Turner Company is presented in E4-8. Instructions (a) Prepare an income statement and an owners equity statement for the year. Turner did not make any capital...
-
Discuss the importance of the Fourth and Fourteenth Amendments regarding prisoner litigation. What are the main rights that appear in these amendments that make them helpful for prisoners challenging...
-
Let x ~ B(n, ) and y ~ B(n, p) have independent binomial distributions of the same index but possibly different parameters. Find the Bayes rule corresponding to the loss when the priors for and p...
-
The negative of loss is sometimes referred to as utility. Consider a gambling game very unlike most in that you are bound to winat least 2, and accordingly in order to be allowed to play, you must...
-
Sydney Cycles Corp. uses a job order cost system. A partial list of the accounts being maintained by the company, with their balances as of September 1, follows: Cash. . . . . . . . . . . . . . . . ....
-
Driving Business Opportunities Nike it's the moment of truth: your opportunity to demonstrate why your new product or service is worth funding. You have done the research and know that the financing...
-
A friend places his 14 kg briefcase on your table, and then pulls it by a string with a force of 49 N at an angle of 36 degrees above the horizontal. Calculate the magnitude of the normal force...
-
Research HP organization and analyse their financial and non-financial information. Must include some detailed information from the following sections as below ** Executive summary - a briefly...
-
1. Explain the following terms, give the definitions and units when necessary. Resistivity: Capacitance: Snell's Law: Power of lens: Total internal reflection: 2. Please discuss and explain the...
-
4. If a jet engine is moving 182 lbs. of air per second and the air enters the engine at 149 ft. per sec. and leaves at 2370 ft. per sec., how many pounds of thrust (force) is it producing? 5....
-
You have been asked to estimate the debt ratio for a firm with the following financing details: The firm has two classes of shares outstanding: 50,000 shares of class A stock, with 2 voting rights...
-
Feller Company purchased a site for a limestone quarry for $100,000 on January 2, 2019. It estimate that the quarry will yield 400,000 tons of limestone. It estimates that its retirement obligation...
-
Describe the advantages and disadvantages of the approaches to international market entry discussed in this chapter.
-
Hydropump, Inc., produces and sells high-quality pumps to business customers. Its marketing research shows a growing market for a similar type of pump aimed at final consumersfor use with...
-
Explain how adjusting the customer service level could improve a marketing mix. I l lustrate.
-
Q1. Say whether the following statements are True (T) or False (F) (5 marks) () 1. In best efforts distribution method one investment banker involved L) 2. A corporate treasurer is typically...
-
- Retirement Problems- ook Hint Print References Shelly's assets include money in checking and savings accounts, investments in stocks and mutual funds, and personal property, including furniture,...
-
Using the data in the following table, E, calculate the return for investing in the stock from January 1 to December 31. Prices are after the dividend has been paid. The realized return for the...
Study smarter with the SolutionInn App