Question: 2. For the Normal linear regression model with natural conjugate prior, the Bayes factor for comparing M1 : i D 0 to M2 : i
2. For the Normal linear regression model with natural conjugate prior, the Bayes factor for comparing M1 : þi D 0 to M2 : þi 6D 0 (where the þi is a single regression coefficient and the same prior is used for h in both models) can be obtained from Chapter 3 (3.34). Alternatively, this Bayes factor can be derived using the Savage–Dickey density ratio. Show that these two approaches lead to the same result.
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