Home /
Expert Answers /
Statistics and Probability /
we-are-interested-in-the-parameter-lambda-lambda-lambda-with-density-f-0-lambda-0-lam-pa362
(Solved): We are interested in the parameter \lambda \lambda \lambda with density f^((0))(\lambda )={(0,\lam ...
We are interested in the parameter \lambda \lambda \lambda with density
f^((0))(\lambda )={(0,\lambda <0),(k_(0)\lambda ^(3)e^(-\lambda ),\lambda >=0):}
(a) (i) Find the value of k_(0).
(ii) Find the prior mean of \lambda .
(iii) Find the prior standard deviation of \lambda .