In Exercise 24, it would be more realistic to consider hypotheses such as the following: Ho'-p <
Question:
In Exercise 24, it would be more realistic to consider hypotheses such as the following:
Ho'-p < .15 H1:p> .15.
If the prior distribution is a beta distribution with r' = 1 and N' = 9, find the posterior distribution. How could you use the posterior distribution to find the posterior odds ratio of Ho to Hi?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Statistics Probability Inference And Decision
ISBN: 9780030778056
1st Edition
Authors: Robert L. Winkler, William L. Hays
Question Posted: