1) Gamma

θ ∼ Gamma(α, β), α > 0, β > 0

βα α−1 −θβ
p(θ) = θ e ,θ>0
Γ (α )
α
Ε(θ) =
β
α
V(θ) = 2
β
α −1
mod e(θ) = , α ≥1
β

2) Inverse Gamma

θ ∼ Inv − Gamma(α, β), α > 0, β > 0 ⇒ 1/θ ∼ Gamma(α, β)

βα − ( α+1) −β / θ
p(θ) = θ e ,θ>0
Γ (α )
β
Ε(θ) = , α >1
α −1
β2
V(θ) = , α>2
(α − 1) 2 (α − 2)
β
mod e(θ) =
α +1

3) Chi-Square

ν 1
θ ∼ Χ ν2 , ν > 0 ⇒ θ ∼ Gamma(α = , β = )
2 2
−ν /2
2
p(θ) = θν /2 −1e −θ /2 , θ > 0
Γ(ν / 2)
Ε(θ) = ν
V(θ) = 2ν
mod e(θ) = ν − 2, ν ≥ 2

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4) Inverse Chi-Square

ν 1
θ ∼ Inv − Χ ν2 , ν > 0 ⇒ θ ∼ Inv − Gamma(α = , β = )
2 2
−ν /2
2
p(θ) = θ− ( ν / 2 +1) e−1/ 2 θ , θ > 0
Γ(ν / 2)
1
Ε(θ) = , ν>2
ν−2
2
V(θ) = , ν>4
(ν − 2) 2 (ν − 4)
1
mod e(θ) =
ν+2

5) Scaled - Inverse Chi-Square

θ ∼ Inv − Χ 2 (ν, s), ν > 0 (degrees of freedom), s > 0 (scale)

ν νs 2
⇒ θ ∼ Inv − Gamma(α = , β = )
2 2

νs 2
If X ∼ X ν2 ⇒ θ = ∼ Inv − Χ 2 (ν, s)
X

(ν / 2)ν / 2 ν − ( ν / 2 +1) −νs/ 2 θ

p(θ) = sθ e ,θ>0
Γ(ν / 2)
νs 2
Ε(θ) = , ν>2
ν−2
2ν 2s 4
V(θ) = , ν>4
(ν − 2) 2 (ν − 4)
νs 2
mod e(θ) =
ν+2

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5) Scaled - t - distribution

θ ∼ t ν (μ, σ 2 ), ν > 0 (degrees of freedom), μ ∈ (location), σ > 0 (scale)

If μ = 0 and σ = 1 we have the usual Student distribution (t ν ) with ν degrees of freedom.

If X ∼ t ν ⇒ θ = μ + σΧ ∼ t ν (μ, σ 2 ).

⎡ ν + 1⎤
Γ⎢
⎣ 2 ⎥⎦ ⎡1 + 1 ⎛ θ − μ ⎞ ⎤ , θ∈
2

p(θ) = ⎢ ⎜ ⎟ ⎥
σ νπΓ(ν / 2) ⎢⎣ ν ⎝ σ ⎠ ⎥⎦
Ε(θ) = μ, ν > 1
σ2 ν
V(θ) = , ν>2
(ν − 2)
mod e(θ) = μ