Laplace’s Rule of Succession states that if an event appeared X times out of n trials, the probability that it will appear in a future trial is X+1/n+2 :
(a) If X+1/n+2 is taken as an estimator for binomial p, compare the MSE of this
estimator with the MSE of the traditional estimator, ˆ p = X/n
(b) Represent MSE from (a) as the sum of estimator’s variance and the bias
squared.|||See link to answer your stat problem: http://www.efunda.com/math/laplace_trans…
Good luck!|||3.14
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment