) Let X, X2, ..., X, be a random sample from the N(0, o)-distribution, and suppose that the prior distribution for 0 is the N(µ. 7)- distribution, where o,u and 7' are known. Determine the posterior distribution for 6, given X,. X2, .... X„, and the optimal estimator of 6 under (i) quadratic loss, and (ii) absolute error loss.

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section10.8: Probability
Problem 31E
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) Let X,, X,, ..., X, be a random sample
from the N(0, o²)-distribution, and suppose that the prior distribution for 0 is the N(H, 7²)-
distribution, where o, µ and 7’ are known. Determine the posterior distribution for 6,
given X,. X2, .... X,, and the optimal estimator of 0 under (i) quadratic loss, and
(ii) absolute error loss.
Transcribed Image Text:) Let X,, X,, ..., X, be a random sample from the N(0, o²)-distribution, and suppose that the prior distribution for 0 is the N(H, 7²)- distribution, where o, µ and 7’ are known. Determine the posterior distribution for 6, given X,. X2, .... X,, and the optimal estimator of 0 under (i) quadratic loss, and (ii) absolute error loss.
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