© 1972 by Biometrika Trust
Articels |
Un-Bayesian implications of improper Bayes inference in routine statistical problems
University College London
For two routine statistical problems, inference about the ratio of two exponential means and inference about the coefficient of variation of a normal random variable, a serious pathology of Bayesian inference based on improper priors is uncovered and investigated.
Key Words: Improper prior distributions Ratio of exponential means Normal coefficient of variation Group-invariant structure Foundations of Bayesian statistical inference