Let X1,X2,……,Xn be a random sample from a density,,,, f(x ι θ) where θ is a value of the random variable Θwith known density gΘ(θ) Then the estimator ∏(θ) with…/ respect to the prior gΘ(θ) is define as______________E[∏(θ)ιX1,X2,…..,Xn] is called?
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Answer:
Let X1,X2,……,Xn be a random sample from a density,,,, f(x ι θ) where θ is a value of the random variable Θwith known density gΘ(θ) Then the estimator ∏(θ) with…/ respect to the prior gΘ(θ) is define as Posterior Bay’s estimatorE[∏(θ)ιX1,X2,…..,Xn] is called.