Search for tag: "posterior distribution"

Bayesian Credible Sets

So far, the interval estimators we have discussed are frequentists methods. In this lesson, we discuss Bayesian credible sets - the correct name for Bayesian "confidence intervals." In…

From  Jane Harvill 113 plays 0  

Bayesian Tests

The method for finding a Bayesian test depends on the posterior of the parameter and a function of the data. Using the posterior probabilities of the null parameter space and the alternative…

From  Jane Harvill 148 plays 0  

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 Estimation: A Review

In statistical inference, the frequentist perspective considers the parameter θ to be a fixed, but unknown quantity. Statistics used for inferential purposes ideally have specific optimal…

From  Jane Harvill 108 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