Mathematics, 19.12.2019 03:31 js3
Suppose that the number of minutes a person must wait for a bus each morning has the uniform distribution on the interval [0, θ], where the value of the endpoint θ is unknown. suppose also that the prior p. d.f. of θ is as follows: ξ(θ ) = 192 θ 4 for θ ≥ 4, 0 otherwise.
if the observed waiting times on three successive mornings are 5, 3, and 8 minutes, what is the posterior p. d.f. of θ?
Answers: 3
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