A large shipment of parts is received? out of which five are tested for defects. The number of defective parts, X, is assumed to have a distribution. From past shipments, it is known that
prior distribution. Find the 95% HPD credible set for is observed.
The weekly number of fires, X, in a town has a distribution. It is desired to find a 90% HPD credible set for (J. Nothing is known a priori about (J, so the non-informative prior is deemed appropriate. The number of fires observed for five weekly periods was 0, 1, 1,0, O. What is the desired credible set?
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