1. Use Theorem 3.1 to obtain a first-order approximation to the Bayes factor BF, given in equation...

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1. Use Theorem 3.1 to obtain a first-order approximation to the Bayes factor BF, given in equation (2.19). Is there any computational advantage in the case where the two models are nested, i.e., θ1 = (θ2, γ)?

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Bayesian Methods For Data Analysis

ISBN: 9781584886976

3rd Edition

Authors: Bradley P. Carlin, Thomas A. Louis

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