Question

Present a real life problem that can be formulated by applying the following: Use of a...

Present a real life problem that can be formulated by applying the following:

Use of a Hierarchical model, which includes Exponential and Poisson distributions.

Homework Answers

Answer #1

define

X: number of egges laid by a species of insect

Y: variability across different mother insects of the species

where X|Y ~ Poisson(lambda)

and lambda ~ Exponential(beta)

then Y ~ Negative Binomial (r=1, p=beta/(1+beta))

[ another example :

we know that a Gamma distribution with shape parameter alpha=1 and scale parameter= beta is equivalent to exponential (beta) distribution.

suppose

accident proneness by a person is defined by Y and Y ~ Gamma(alpha,beta)

if alpha=1

then Y ~ exponential(beta)

X : number of accidents occurred

X|Y defines X accidents occured given accident proneness Y

X|Y ~ Poisson (y)

then X ~ Negative Binomial (r=alpha=1,p=beta/(1+beta)) ]

[ check :

]

Dear student hope I am able to give you clear explanation. If you like my answer please rate it. Thank you !!

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Present a problem situation in real life, where you need to use Conservation of Mechanical Energy,...
Present a problem situation in real life, where you need to use Conservation of Mechanical Energy, Conservation of linear or two-dimensional momentum, and Conservation of angular momentum. I only need a problem that will use all three to solve it, not a problem for each one. ​​​​​​​ Show detailed design of the situation, where it includes all physical variables contemplated. Shows the calculations that highlight the issues requested for the problem
Present a problem situation (only one) in real life, where you need mechanical physics to solve...
Present a problem situation (only one) in real life, where you need mechanical physics to solve it. The problem raised must contain the following topics (all of them in the same problem), without limiting yourself to this list: 1. Conservation of Mechanical Energy 2. Conservation of linear or two-dimensional momentum. 3. Conservation of angular momentum Rubric to evaluate problem-based learning activities PROBLEM-BASED It shows a real situation, original and with a lot of creativity. It shows a detailed design of...
Please provide a real-life example of what you learned. It can be a present value, future...
Please provide a real-life example of what you learned. It can be a present value, future value, number of periods, interest rate (growth rate), or payment problem. You need to state the problem and then solve the problem. The problem has to come from our daily life as a student
Please provide a real-life example of what you learned. It can be a present value, future...
Please provide a real-life example of what you learned. It can be a present value, future value, number of periods, interest rate (growth rate), or payment problem. You need to state the problem and then solve the problem. The problem has to come from our daily life as a student
Applying the AD/AS Model (please use graph a long with your answer) Consider the following two...
Applying the AD/AS Model (please use graph a long with your answer) Consider the following two events (i) Growth Surges in East Asia (ii) A sharp increase in oil price Use the AD-AS model to explain the seperate effects of each event on real GDP and the price level, starting from long-run equilibrium
Consider some of the examples you have brought up in earlier discussion forums about applying models...
Consider some of the examples you have brought up in earlier discussion forums about applying models to real-world problems. Choose one of the models covered earlier in the course and describe the key differences in solving a problem with that model versus with a simulation model. In your opinion, which is more effective? How does the problem at hand determine which type of model to use?
Use a personal example or a text example or a business problem from the real world...
Use a personal example or a text example or a business problem from the real world to illustrate one or more of the Decision Analysis models covered. Why was the particular model chosen? Which model(s) might provide a better decision for this problem? Assign probabilities to the problem (if not already assigned) and determine the Expected Value solution.
For the following problem, what is the better option? Use the present worth analysis with an...
For the following problem, what is the better option? Use the present worth analysis with an interest rate of 10%. A B Initial cost $12,500 $8,900 Annual benefit $6,800 $2,500 Salvage value $5,000 $8,900 Life in years 2 years 3 years
Can someone tell me how you can use Statistics in real life,with concrete examples and connect...
Can someone tell me how you can use Statistics in real life,with concrete examples and connect variables of interest with types of data and levels of measurement. Muat be 100 words
Provide a (real life) example of exploitation or manipulation in the medical context. You can use...
Provide a (real life) example of exploitation or manipulation in the medical context. You can use an article from a newspaper or other news-media, and make sure to append the link.Explain in 3-4 sentences.
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT