Let X1,..., Xn are a sequence of n Bernoulli (p) trials. a. Calculate a 1 -
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a. Calculate a 1 - α credible set for p using the conjugate beta(a, b) prior.
b. Using the relationship between the beta and F distributions, write the credible set in a form that is comparable to the form of the intervals in Exercise 9.21. Compare the intervals.
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a We know from Example 7214 that if p betaa b the posterior is py betay a n y b for y x i So a 1 c...View the full answer
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