 The consequence of this is that, compared to the sampling-theory calculation, the Bayesian calculation puts more weight on larger values of σ2, properly taking into account (as the sampling-theory calculation cannot) that under this squared-loss function the consequence of underestimating large values of σ2 is more costly in squared-loss terms than that of overestimating small values of σ2.The worked-out Bayesian calculation gives a scaled inverse chi-squared distribution with "n" − 1 degrees of freedom for the posterior probability distribution of σ2.The expected loss is minimised when "cnS"2 = 2

Greenlands

Greenlands is a country house situated by the River Thames in Buckinghamshire, just outside Henley-on-Thames.