3. Assume you have developed predictive distributions of the length of time it takes to drive to...

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3. Assume you have developed predictive distributions of the length of time it takes to drive to work, one distribution for Route A and one for Route B. What summaries of these distributions would you use to select a route

(a) to maximize the probability that the drive takes less than 30 minutes?

(b) to minimize your average commuting time?

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Bayesian Methods For Data Analysis

ISBN: 9781584886976

3rd Edition

Authors: Bradley P. Carlin, Thomas A. Louis

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Question Posted: Nov 02, 2024 04:02 AM

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3. Assume you have developed predictive distributions of the length of time it takes to drive to...

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Bayesian Methods For Data Analysis

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