Let X1,...,Xnbe i.i.d. random variables having the normal density with mean 0 and variance
Also, let π(θ) have the gamma density with scale parameter σ2and shape parameter ν. Obtain the posterior density of θ, and examine its mean and median. Are these the same? Examine any stochastic ordering of the two Bayes estimators under the squared error and absolute error loss.
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