25. In Exercise 7, Chapter 8, determine an estimate of p from the posterior dis tribution if...

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25. In Exercise 7, Chapter 8, determine an estimate of p from the posterior dis¬

tribution if the loss function is L

(a, p) = k(a — p)2.

How does this differ from the estimate obtained from the prior distribution using the same loss function? From the estimate obtained from the sample alone?

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Statistics Probability Inference And Decision

ISBN: 9780030778056

1st Edition

Authors: Robert L. Winkler, William L. Hays

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Question Posted: Sep 21, 2024 10:04 AM

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25. In Exercise 7, Chapter 8, determine an estimate of p from the posterior dis tribution if...

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Statistics Probability Inference And Decision

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