63. The functional lifetimes in hours of computer chips produced by a certain semiconductor firm are exponentially
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63. The functional lifetimes in hours of computer chips produced by a certain semiconductor firm are exponentially distributed with mean 1/λ. Suppose that the prior distribution on λ is the gamma distribution with density functION
If the average life of the first 20 chips tested is 4.6 hours, compute the Bayes estimate of λ.
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Related Book For 
Introduction To Probability And Statistics For Engineers And Scientists
ISBN: 9780125980579
3rd Edition
Authors: Sheldon M. Ross
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