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(Solved): 5.2 Let Y have a binominal distribution in which n=20 and p=\theta . The prior probability on \The ...
5.2 Let
Yhave a binominal distribution in which
n=20and
p=\theta . The prior probability on
\Theta is
\Beta (a,b), where
a,b>0are known constants. Find the following: (a) Posterior distribution. (b) Bayes' point estimate of
\Theta , when
L[\theta ,\delta (y)]=[\theta -\delta (y)]^(2).
