Question
Suppose that Y ~gamma ( 1 , ) . (The exponential distributionn with the mean . And the inverse gamma prior I G ( ,
Suppose that Y~gamma (1,). (The exponential distributionn with the mean . And the inverse gamma priorIG(,)
f()=()+1exp(1/())
a) Find the posterior distribution of .
b) Find the posterior mean and variance of .
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Mathematical Analysis For Quantitative Finance
Authors: Daniele Ritelli, Giulia Spaletta
1st Edition
1351245104, 9781351245104
