Question
Please answers fast and correct i will definetly upvote. This question uses a probability distribution called the Poisson distribution. A discrete random variable X follows
Please answers fast and correct i will definetly upvote.
This question uses a probability distribution called the Poisson distribution. A discrete random variable X follows a Poisson distribution with parameter if
P(X|)= Xe/X! .
The Poisson distribution is a useful discrete distribution that can be used to model the number of occurrences of something per unit of time. For example, if a bank teller sits at a counter, the number of customers arriving in each interval, say 30 minutes, is in the Poisson distribution.
Here, we will estimate the parameter from n observations {X1,...,Xi,...Xn} (e.g., the number of customers for the ith teller in 30 minutes) which we assume are drawn i.i.d from the Poisson distribution.
1. (3 points) Compute the log-likelihood for observations {X1, . . . , Xn}.
2. (4 points) Compute the MLE for .
3. (8 points) Now lets be Bayesian and put a prior distribution over the parameter . Your extensive experience in statistics tells you that the good prior distribution for is a Gamma distribution.
p(|,) = ()1e, > 0.
It is well known that the mode of in the Gamma distribution with and is ( 1)/ for > 1. Recall that the mode in the statistics represents the value that appears most often (i.e., the maxima of the probability mass function). Then, compute the MAP for . (Hint: PXi+1e(n+) can be represented by a Gamma distribution.)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started