In Exercise 24, it would be more realistic to consider hypotheses such as the following: Ho'-p <

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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?

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Statistics Probability Inference And Decision

ISBN: 9780030778056

1st Edition

Authors: Robert L. Winkler, William L. Hays

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