Let y 1 , y 2 , y 3 , ..... y n represent a random sample

Question:

Let y1, y2, y3, ..... yrepresent a random sample of size n selected from a Poisson probability distribution with unknown mean λ. Let X represent the sum of the Poisson values, X = Σyi. Then X has a Poisson distribution with mean nλ. Assume that the prior distribution for λ is an exponential probability distribution with parameter β. Find a Bayesian decision rule for testing Ho: λ = λo versus Ha: λ > λo.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Statistics For Engineering And The Sciences

ISBN: 9781498728850

6th Edition

Authors: William M. Mendenhall, Terry L. Sincich

Question Posted: