Exercise6.6 Continue Exercise2.3.AssumeaGammaprior Gamma(,) for . 1. Is itaconjugatepriorforthedata? 2. Find theBayesestimatorsw.r.t.thesquarederrorof (a) (b) expectedlifetimesofasingleelementandanentiredevicecontaining k
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Exercise6.6 Continue Exercise2.3.AssumeaGammaprior Gamma(α,β) for θ.
1. Is itaconjugatepriorforthedata?
2. Find theBayesestimatorsw.r.t.thesquarederrorof
(a) θ
(b) expectedlifetimesofasingleelementandanentiredevicecontaining k elements
(c) probability thatadevicewilloperateforatleast a hours 3. Are theaboveBayesestimatorsconsistentfromafrequentistpointofview?
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Related Book For 
Statistical Theory A Concise Introduction Texts In Statistical Science
ISBN: 9781032007458
2nd Edition
Authors: Felix Abramovich, Ya'acov Ritov
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