A statistician is interested in the mean p of a normal population, and his prior distribution is

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A statistician is interested in the mean p of a normal population, and his prior distribution is normal with mean 800 and variance 12. The variance of the population is known to be 72. How large a sample would be needed to guarĀ¬

antee that the variance of the posterior distribution is no larger than 1 ? How large a sample would be needed to guarantee that the variance of the posterior distribution is no larger than .1?

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Statistics Probability Inference And Decision

ISBN: 9780030778056

1st Edition

Authors: Robert L. Winkler, William L. Hays

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