you to place a beta(1,9) pr ve tested from the shipmer distribution on the defect

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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A large shipment of parts is received, out of which five are tested for defects. Past experience with
the supplier leads you to place a beta(1,9) prior on the part defect rate. Suppose no defects are
observed in the five tested from the shipment.
Give the posterior distribution on the defect rate, the MAP estimate of the defect rate, the Bayes
estimate (LMS) of the defect rate, and the 95% HDI.
Transcribed Image Text:A large shipment of parts is received, out of which five are tested for defects. Past experience with the supplier leads you to place a beta(1,9) prior on the part defect rate. Suppose no defects are observed in the five tested from the shipment. Give the posterior distribution on the defect rate, the MAP estimate of the defect rate, the Bayes estimate (LMS) of the defect rate, and the 95% HDI.
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