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( 2 0 points ) . The losses of actions a 1 , a 2 , and a 3 , depending on 1 , 2
points The losses of actions and depending on and are given in the
following table:
An observation has the following distribution depending on :
a Pick three decision rules and evaluate their risks.
b Determine the minimax rule among the decision rules you listed in part a
c Assuming a uniform prior on determine the Bayes rule.
d Suppose that you observe Use posterior analysis to determine the Bayes rule
among the decision rules you listed in part a
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