Use the data in Table 11 9, and suppose that we wish to fit a simple linear regression model to the data Use the improper prior a Find the posterior distribution of the slope parameter 1 b Find the posterior distribution of 0 1, the mean of a future observation Y corresponding to x 1 ...

The summary data are in the solution to Exercise 4 a According to Theor ...

Use the data in Table 11.9, and suppose that we wish to fit a simple linear regression

Question:

Use the data in Table 11.9, and suppose that we wish to fit a simple linear regression model to the data. Use the improper prior.
a. Find the posterior of the slope parameter β1.
b. Find the posterior of β0 + β1, the mean of a future observation Y corresponding to x = 1.
Distribution
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