Search for tag: "marginal distribution"

Find the Bayes estimator of the rate of a Poisson distribution

This example illustrates how to find the Bayes estimator, under squared error loss function, of the rate of a Poisson distribution if the prior distribution on the rate is a gamma distribution.

From  Jane Harvill 233 plays 0  

Bayes Estimators

The Bayesian approach to statistics is fundamentally different from the classical approach that we have been discussing. However, some aspects of the Bayesian approach can be quite helpful to other…

From  Jane Harvill 258 plays 0  

Order Statistics

Sample values such as the smallest, largest, or middle observations from a random sample can provide additional summary information. The minimum, maximum, or median are all examples of order…

From  Jane Harvill 197 plays 0  

Conditional Distributions and Independence

Oftentimes when two random variables (X, Y) are observed, the values of the two variables are related. For example, it may be that knowledge about the value of X gives information about the value of…

From  Jane Harvill 174 plays 0  

Joint and Marginal Distributions, Discrete Case

All of the models previously discussed involved only one random variable and were called univariate models. We now move forward and discuss probability models that involve more than one random…

From  Jane Harvill 106 plays 0