--- title: "Lab 6" author: "Name here" output: html_document --- Please use D2L to turn in both the PDF or Word output and your R Markdown file in. For this lab we will again use the Seattle Housing dataset [http://www.math.montana.edu/ahoegh/teaching/stat408/datasets/SeattleHousing.csv](http://www.math.montana.edu/ahoegh/teaching/stat408/datasets/SeattleHousing.csv). Assume your goal is to model housing prices in Seattle using a normal distribution. ### Q1. #### a. (4 pts) Write out the sampling model for this dataset, define all variables. #### b. (4 pts) State and justify prior distributions for $\mu$ and $\sigma^2$. Plot both of these prior distributions. #### c. (4 pts) Using the priors above fit the model in JAGS. Include trace plots and summaries of your output. #### d. (4 pts) Print and interpret an HDI for $\mu$. #### e. (2 pts) Calculate the $Pr[\mu > 650,000]$. #### f. (2 pts) Calculate the probability of an individual house, say $y^{*}$ costing more than $\$650,000.$ #### g. (4 pts) Summarize the results from part d so that your aunt who is a realtor in Billings can understand.