Instead of thinking of a random sample of size n = 16, lets think of the sample

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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?

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