Further discuss on the bayesian estimate methods
Tao Jing · Journal of China Institute of Metrology · 2001
In this paper, two new Bayesian solutions-estimations of ratio integration and of central value are obtained. They come from the loss functions of the absolute error and the relative error respectively. Then some new applications are discussed. Under some conditions, estimate of central valne has its robustuess superiority over the estimate of conditional expectation or estimate of posterior probability.