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A Numerical Comparison of Some BAYESian Methods of Estimating a Binomial Parameter

โœ Scribed by Dr. P. W. Jones


Publisher
John Wiley and Sons
Year
1978
Tongue
English
Weight
141 KB
Volume
20
Category
Article
ISSN
0323-3847

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โœฆ Synopsis


Abstract

This note considers the optimal and suboptimal sequential and fixed sample size estimation of the unknown binomial parameter, p, for a beta prior distribution for p and under quadratic loss and constant observation cost. A numerical comparison of the methods is presented.


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