Estimate of bernoulli beta
How to express MSE of Bayes estimate of bernoulli -beta without parameter p.
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An investment opportunity will pay $20 with a 40% probability, $10 with a 20% probability, $30 with a 30% probability, and $40 with a 10% probability. Calculate the standard deviation of the investment?
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Economists often note that there is no such thing as a free lunch. Michael makes a great point. When discussing borrowing, it is important to point out that borrowed money may increase spending today but will have to be paid back sometime in
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According to the sources 20% of employed engineers are licensed. If we take a random sample of 15 engineers, what is the probability that
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