Answered step by step
Verified Expert Solution
Question
1 Approved Answer
quick please = 6. Let x = (21,..., In) denote a realised sample from a Poisson distribution with unknown para- meter 8 (0,0). The likelihood
quick please
= 6. Let x = (21,..., In) denote a realised sample from a Poisson distribution with unknown para- meter 8 (0,0). The likelihood of a single observation xk E N is k L(0:0) exp(-0). *R! Assume that observations are i.i.d. given the value of 0. (a) Let a, 8 > 0. Assuming a Gamma(a, b) prior for e, derive the posterior distribution for a given the observed data r. [3 marks] (b) Consider the posterior mean as an estimator of the parameter 8. What can you say about the bias of this estimator? Can the posterior variance also be used as an estimator of e? [3 marks] [Total 6 marks] [END OF PAPER]Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered 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