Let X1,…,X, be a random sample from a pdf S(x,0) =: 20? ',x>0,0 > 0

A First Course in Probability (10th Edition)
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Author:Sheldon Ross
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Chapter1: Combinatorial Analysis
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Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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could you solve my question as soon as possible, please?:))

Let X1,,X, be a random sample from a pdf
S(x,0) =
20?
3,x20,0>0
and the prior density of 0 is exponential with mean 1.
Find the posterior distribution of 0.
Find the Bayesian point estimate of 0 for an absolute error loss function.
Transcribed Image Text:Let X1,,X, be a random sample from a pdf S(x,0) = 20? 3,x20,0>0 and the prior density of 0 is exponential with mean 1. Find the posterior distribution of 0. Find the Bayesian point estimate of 0 for an absolute error loss function.
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