3.22 Refer to the table (11, 0/0, 1) analyzed with Bayesian methods in Section 3.6.4. Using simulation,
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3.22 Refer to the table (11, 0/0, 1) analyzed with Bayesian methods in Section 3.6.4.
Using simulation, estimate P(π₁ > π₂|y₁, n₁; y₂, n₂) for independent beta(α₁ α₂)
priors having
(a) α₁ = α₂ = 2,
(b) α₁ = α₂ = 1, and
(c) α₁ = α₂ = 0.50. Interpret.
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