Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

Consider a random sample of size n from a Bernoulli distribution, Xi ~ BIN(1,p). For a uniform prior density, p ~ UNIF(0,1), and squared error loss, find the following:

a) Bayes estimator of p.

b) Bayes estimator of p(1-p).

c) Bayes risk for the estimator in a).

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M9988482

Have any Question?


Related Questions in Statistics and Probability

What is the appropriate statistical analysis to use t-test

What is the appropriate statistical analysis to use: t-test for two independent samples, t-test for dependent samples, ANOVA, or chi-square test of independence? Please identify and explain why it is appropriate. (a) A s ...

The weights of ice cream cartons are normally distributed

The weights of ice cream cartons are normally distributed with a mean weight of 20 ounces and a standard deviation of 0.5 ounces. You randomly select 25 cartons. What is the probability that their mean weight is greater ...

How can a graph or chart of data help you understand the

How can a graph or chart of data help you understand the results? What is a frequency table? Describe an example where a frequency table can be used in life.

The everly equipment companys flange-lipping machine was

The Everly Equipment Company's flange-lipping machine was purchased 5 years ago for $70,000. It had an expected life of 10 years when it was bought and its remaining depreciation is $7,000 per year for each year of its r ...

A project has an initial outlay of 4623 it has a single

A project has an initial outlay of $4,623. It has a single payoff at the end of year 3 of $8,869. What is the net present value (NPV) of the project if the company's cost of capital is 12.43 percent?

Suppose it is known that the response time of healthy

Suppose it is known that the response time of healthy subjects to a particular stimulus is a normally distributed random variable with a mean of 15 seconds and a variance of 16. What is the probability that a random samp ...

Could you please explain this question for me pretty

Could you please explain this question for me? Pretty struggle with it right now.    "The biggest four banks in Australia are too big to fail. With reference to financial system stability, critique this statement."

A carnival game involves a spinner that is designed so that

A carnival game involves a spinner that is designed so that in 20 percent of spins the player will win a prize. A random sample of 100 spins will be observed and the random variable X = number of times in the sample that ...

A company that sells annuities must base the annual payout

A company that sells annuities must base the annual payout on the probability distribution of the 2) length of life of the participants in the plan. Suppose the probability distribution of the lifetimes of the participan ...

Let random variable x represent the number of heads when a

Let random variable x represent the number of heads when a fair coin is tossed two times.  (a) Construct a table describing the probability distribution.   x P(x) 0  1  2   (b) Determine the mean and standard deviation o ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As