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Hi everyone
Please can one write steps for estimating the exponential distribution param using Markov chain Monte Carlo simulation method in MathCad.
Thanks Alot
Hi,
You must make an attempt first. To get you going check out the following:
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https://revbayes.github.io/tutorials/mcmc/archery.html
A simple Archery example for building a hierarchical model and sampling under Markov Chain Monte Carlo
The distance of each arrow from the the center of the target is assumed to be exponentially distributed with mean µ.
"
Cheers
Terry