Abstract
Equal-size samples are observed from k Poisson populations having means Assuming an exchangeable two-stage prior, conjugate at the first stage and noninformative at the second stage, formulas for the posterior means, variances and covariances of the A.λ’s are expressed as the ratio of one-dimensional integrals. Approximations to the hierarchical Bayes posterior means and variances are developed, which do not require numerical integration. The performance of the Bayes estimator compared with other estimators is studied through computer simulation, using the frequentist criterion of percentage risk reduction and the Bayes risk criterion of relative savings loss.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
