You are given posterior distributions or hyperparameters for the rate (lambda) of a Poisson process, and values
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You are given posterior distributions or hyperparameters for the rate \(\lambda\) of a Poisson process, and values \(k, l, m\). Calculate the predictive distribution for \(N_{+}\)and \(T_{+k}\), and calculate \(P\left(T_{+k} \leq l\right)\) and \(P\left(N_{+1} \leq m\right)\).
(a) Posterior hyperparameters: \(\kappa_{1}=7, \tau_{1}=5 . k=2, l=3, m=4\).
(b) Posterior: \(\lambda \sim \gamma_{(8,17)} \cdot k=1, l=2, m=1\).
(c) Posterior hyperparameters: \(\kappa_{1}=29, \tau_{1}=8 . k=3, l=1, m=5\).
(d) Posterior: \(\lambda \sim \gamma_{(9,192)} \cdot k=2, l=30, m=0\).
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Related Book For
The Bayesian Way Introductory Statistics For Economists And Engineers
ISBN: 9781119246879
1st Edition
Authors: Svein Olav Nyberg
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