30. If a and b are large, then the beta distribution can be approximated by the normal...

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30. If a and b are large, then the beta distribution can be approximated by the normal distribution using the beta mean and variance given in Section 4.5. This is useful in case beta distribution software is unavailable.

Use the approximation to compute the credibility interval in Example 14.7.

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Modern Mathematical Statistics With Applications

ISBN: 9780534404734

1st Edition

Authors: Jay L Devore

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Question Posted: Sep 11, 2024 10:01 AM

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30. If a and b are large, then the beta distribution can be approximated by the normal...

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Modern Mathematical Statistics With Applications

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