Samples from the posterior distributions of parameters a and B, the following numerical summaries were produced.< له Table 9 node mean sd alpha -60.8 5.137 beta 34.31 2.888 MC error 0.2208 0.1252 2.5% median -70.6 -60.87 28.72 34.35 97.5% -50.92 39.93 start 1 1 sample 1000 1000 www --Describe, what would happen to the values of sd and MC error if the number of iterations were to increase substantially.<

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Samples from the posterior distributions of parameters a and ß,<
the following numerical summaries were produced.<
Table 9
node
mean
sd
alpha
-60.8
5.137
beta 34.31 2.888
MC error
0.2208
0.1252
2.5% median
-70.6
28.72
-60.87
34.35
97.5%
-50.92
39.93
start
1
1
sample
1000
1000
-Describe, what would happen to the values of sd and MC error if the number of iterations were to
increase substantially.
Transcribed Image Text:Samples from the posterior distributions of parameters a and ß,< the following numerical summaries were produced.< Table 9 node mean sd alpha -60.8 5.137 beta 34.31 2.888 MC error 0.2208 0.1252 2.5% median -70.6 28.72 -60.87 34.35 97.5% -50.92 39.93 start 1 1 sample 1000 1000 -Describe, what would happen to the values of sd and MC error if the number of iterations were to increase substantially.
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