Refer to Exercise 16.6. If Y is a binomial random variable based on n trials and success
Chapter 16, Problem 16.8(choose chapter or problem)
Refer to Exercise 16.6. If Y is a binomial random variable based on n trials and success probability p and p has the conjugate beta prior with parameters = 1 and = 1, a determine the Bayes estimator for p, p B. b what is another name for the beta distribution with = 1 and = 1? c find the mean square for error (MSE) of the Bayes estimator found in part (a). [Hint: Recall Exercise 8.17]. d For what values of p is the MSE of the Bayes estimator smaller than that of the unbiased estimator p = Y/n?
Unfortunately, we don't have that question answered yet. But you can get it answered in just 5 hours by Logging in or Becoming a subscriber.
Becoming a subscriber
Or look for another answer