Find the mean and variance of the posterior distribution if 70 successes are obtained in 100 binomial trials and the prior distribution of Θ is a beta distribution with α = 10 and β = 20.
Find the mean and variance of the posterior distribution if 70 successes are obtained in 100 binomial trials and the prior distribution of Θ is a beta distribution with α = 10 and β = 20.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Find the mean and variance of the posterior distribution if 70 successes are obtained in 100 binomial trials and
the prior distribution of Θ is a beta distribution with α = 10 and β = 20.
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