Consider the simple univariate regression model of Section 12.2.1. Introduce a natural conjugate prior for (B. B.
Question:
Consider the simple univariate regression model of Section 12.2.1. Introduce a natural conjugate prior for (B. B. ).
(a) Find the joint posterior density for (B1, B2, ).
(b) Find the marginal posterior density for (B1, B2).
(c) Find the marginal posterior density for (o).
(d) Find the marginal posterior density for ().
(e) Find the predictive density for a new observation y*, based upon a new observation x*. ==
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Related Book For
Subjective And Objective Bayesian Statistics
ISBN: 9780471348436
2nd Edition
Authors: S. James Press
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