Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

0.08- 0.06- (b) Show that UH- has an inverse gamma distribution with density = g(u) = (n)a F(a) -na-1 e 0.04- 0.02- 0.00- L

image text in transcribed

0.08- 0.06- (b) Show that UH- has an inverse gamma distribution with density = g(u) = (n)a F(a) -na-1 e 0.04- 0.02- 0.00- L 65 70 75 velocity/distance 80 85 (Hint: for x > 0, the function is monotone decreasing.) (c) Assume that H = a = EH. Express in terms of a and . What is bias()? (Note: you do not need to calculate the mean of an inverse gamma random variable look up the mean in a distribution table or on Wikipedia.) Figure 1: Histogram of H values from 36 type la supernovae, with a smooth overlay to aid in visualizing the shape of the distribution. The sample mean and variance are H = 72.1861 and S=23.7858. Let H denote the true Hubble constant. The age of the universe can be expressed in years as (d) Is consistent for ? = H where c is the conversion factor (Mpc/km) (s/year) 978, 440,076, 094. 1. Consider = CH. Compute an estimate of using the estimator and the supernova data. 2. Now suppose that H,..., H36 gamma(a, b) with density f(h) = (a) -ha-1e-Bh h>0 (a) What is the distribution of H? (Hint: refer to HW2 problem 3b.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting Tools for Business Decision Making

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly

4th Canadian edition

978-1118856994

Students also viewed these Accounting questions

Question

Identify and explain the steps in the loss adjustment process?

Answered: 1 week ago

Question

List several reasons for which a claim might be completely denied.

Answered: 1 week ago