A Posterior Distribution for the Normal Mean Arising from a Ratio
Volume 5, Issue 3 (2007), pp. 441–449
Pub. online: 4 August 2022
Type: Research Article
Open Access
Open Access
Published
4 August 2022
4 August 2022
Abstract
Abstract: It is shown that the most popular posterior distribution for the mean of the normal distribution is obtained by deriving the distribution of the ratio X/Y when X and Y are normal and Student’s t random variables distributed independently of each other. Tabulations of the associated percentage points are given along with a computer program for generating them.