MATLAB: A Practical Introduction to Programming and Problem Solving
MATLAB: A Practical Introduction to Programming and Problem Solving
5th Edition
ISBN: 9780128163450
Author: ATTAWAY
Publisher: ELSEVIER
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Chapter 13, Problem 15E
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Could you please help me answer parts b and c. Thanks
Suppose that we have data y = (1,...,n). Each data point y; is assumed to be generated by a distribution with the following probability density function: P(yi | n)=3nye, y; ≥0. The unknown parameter is >0. (a) Write down the likelihood for n given y, and find an expression for the maximum likelihood estimate (MLE) of n. (b) A Gamma(a, 3) distribution is chosen as the prior distribution for 7, where a > 0 and > 0 are known. Show that the posterior distribution of n, denoted p(n | A), is also a gamma distribution with updated parameters that you should determine.
Do the data provide compelling evidence (at α=0.05) for concluding that true average strength for the 1078 grade exceeds that for the 1064 grade? Show all your work. Estimate the difference between true average strengths for the two grades with a 95% confidence interval for the previous problem.
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