What have they done in part (iii) solution, can anyone explain? I have got Gamma(y1n1/c + y2n2/c(1+r) + alpha, n1+n2+lambda) as posterior distribution in part (ii) result. So E(theta|y1,y2) =[ y1n1/c + y2n2/c(1+r) + alpha ] / [n1 + n2 + lambda] this much I could understand. But c(1+r^2)/n3 is coming to multiply with it?? Anybody please help.
Do anyr of these existing questions on the forum for CT6 April 2006 Q8 help: https://www.acted.co.uk/forums/index.php?threads/april-2006-q8.4588/ https://www.acted.co.uk/forums/index.php?threads/april-2006-q8.4589/ https://www.acted.co.uk/forums/index.php?threads/april-2006-question-8-ii-iii.6947/
Sir, thank you for your reply. The last thread was of some help. But I could do part (i) and (ii). I am attaching my workings herewith. I am stuck at part (iii).
