MATH3871 MATH5960 Bayesian Inference and Computation Lab 1 Exercises

MATH3871/MATH5960 Bayesian Inference and Computation Lab 1 Exercises (Outline solutions) Water consumption Average daily per capita water use4 Melbourne 1940-2004* 550 500 450 400 350 300 250 200 150 100 50 0 Financial Year Ending Drought Years Water Restrictions * NOTE: Figure for 2003-04 is forecasted estimation The posterior mean