In a hierarchical normal model where X|θ ~ N(θ, 100^2) and θ ~ N(800, 50^2), what is E[X]?

Study for the MAS-1 exam of the Casualty Actuarial Society. Utilize flashcards and multiple choice questions with detailed hints and explanations for each query. Prepare thoroughly for your exam!

Multiple Choice

In a hierarchical normal model where X|θ ~ N(θ, 100^2) and θ ~ N(800, 50^2), what is E[X]?

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