AN OPTIMAL PREDICTION EQUATION FOR THE “ERRORS-IN-THE-VARIABLES” MODEL

抄録

This paper develops Bayesian Statistical Procedures for problems in the “Errors-in-the -Variables” Model. First, we derived the exact marginal posterior distribution for the regression coefficients in the model, and suggested an approximation to the exact pdf. Secondly, we derived the optimal prediction equation in the sense that it minimizes the expected loss for prediction.