Repeat part (a) with a normal (left(304^{2} ight)) prior, storing the likelihood and posterior in (mathrm{c} 5)
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Repeat part (a) with a normal \(\left(304^{2}\right)\) prior, storing the likelihood and posterior in \(\mathrm{c} 5\) and \(\mathrm{c6}\).
Data From Exercise 5
(a) What are the posterior mean and standard deviation?
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Related Book For
Introduction To Bayesian Statistics
ISBN: 9781118091562
3rd Edition
Authors: William M. Bolstad, James M. Curran
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