3.21 Analyze Table 3.1 using the Bayesian approach with independent uniform prior distributions. a. Specify the posterior
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3.21 Analyze Table 3.1 using the Bayesian approach with independent uniform prior distributions.
a. Specify the posterior distribution of (π₁, π₂).
b. Using software or your own simulation, estimate the posterior mean of the dif-
ference of proportions and find a 95% equal-tail posterior interval. Interpret.
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