Paper 2, Section I, H
Part IB, 2019
Suppose that are i.i.d. coin tosses with probability of obtaining a head.
(a) Compute the posterior distribution of given the observations in the case of a uniform prior on .
(b) Give the definition of the quadratic error loss function.
(c) Determine the value of which minimizes the quadratic error loss function. Justify your answer. Calculate .
[You may use that the , distribution has density function on given by
where is a normalizing constant. You may also use without proof that the mean of a random variable is