36 - 705 : Intermediate Statistics Fall 2017

نویسنده

  • Siva Balakrishnan
چکیده

It is worth keeping in mind the trade-off: Bayes estimators although easy to compute are somewhat subjective (in that they depend strongly on the prior π). Minimax estimators although more challenging to compute are not subjective, but do have the drawback that they are protecting against the worst-case which might lead to pessimistic conclusions, i.e. the minimax risk might be much higher than the Bayes risk for a “nice” prior.

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تاریخ انتشار 2017