Instead of thinking of a random sample of size n = 16, lets think of the sample
Question:
Instead of thinking of a random sample of size n = 16, let’s think of the sample mean as a single observation from its distribution.
(a) What is the distribution of y¯? Calculate the observed value of y¯?
(b) Use NormDP.mac to find the posterior distribution g(µ|y¯).
(c) What does this show us?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: