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Old 12-22-2011, 05:14 AM   #21
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Location: Germany

Join Date: Mar 2011
Posts: 7

Originally Posted by Simon Anders View Post
There is no letter 'O'. This is a zero. I wanted to write 'q0' with zero as subscript but did not manage. (Don't know if the forum software allows subscripts.) So, 'q0' is one value (and distinct from q, which I use further down for the realization of the random variable Q) and 'a' is the other one.

I specified the first two moments. Solving the expressions for them for the shape and scale parameter, you get for the scale a q0 and for the shape 1/a.

By the way, this is all frequentist statistics. There is nothing Bayesian in here.
Thnx!! Sorry I was misconfused but marginalization and conditional probabilities make me think of Bayes
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