Suppose Y t given X t has an exponential density with mean −1 /X t ( X t < 0).

The exponential case

Don't use plagiarized sources. Get Your Custom Essay on
Suppose Y t given X t has an exponential density with mean −1 /X t ( X t < 0).
Just from $13/Page
Order Essay

Suppose Ytgiven Xthas an exponential density with mean −1/Xt(Xt < 0). The observation density is given by

p(yt|xt ) = exp{ytxt+ ln(xt )}, yt > 0,

which has the form with b(x) = −ln(x) and c(y) = 0. The state densities

corres ponding to the family of conjugate priors are given by

p xt+1|y(t)= exp{αt+1|txt+1 − λt+1|tb(xt+1At+1|t}−∞ < x < 0.

 width=

Leave a Reply

Your email address will not be published. Required fields are marked *

*

*

*