Priors You are about to analyze new data from a experiment, with particular interest in estimating a regression coefficient beta. Published data leads you to believe that beta has a mean of about 0.8 and a standard deviation of about 1.2. You need to decide on a prior distribution. 3 4 5 Which prior best corresponds to a weakly informative prior? uniform distribution from -100 to 100 0 0 0 0 Which prior best corresponds to an informative prior? uniform distribution from -100 to 100 normal distribution with mean 0.0 and standard deviation 5.0 normal distribution with mean 0.8 and standard deviation 1.2 beta(4,5) distribution 000 0 normal distribution with mean 0.0 and standard deviation 5.0 normal distribution with mean 0.8 and standard deviation 1.2 beta(4,5) distribution Which prior best corresponds to a flat prior? uniform distribution from - 100 to 100 0000 normal distribution with mean 0.0 and standard deviation 5.0 normal distribution with mean 0.8 and standard deviation 1.2 beta(4,5) distribution

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter13: Probability And Calculus
Section13.2: Expected Value And Variance Of Continuous Random Variables
Problem 10E
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Priors
3
You are about to analyze new data from a experiment, with particular interest in
estimating a regression coefficient beta.
Published data leads you to believe that beta has a mean of about 0.8 and a
Which prior best corresponds to a weakly informative prior?
uniform distribution from -100 to 100
standard deviation of about 1.2.
You need to decide on a prior distribution.
normal distribution with mean 0.0 and standard deviation 5.0
normal distribution with mean 0.8 and standard deviation 1.2
beta(4,5) distribution
4
Which prior best corresponds to an informative prior?
uniform distribution from -100 to 100
normal distribution with mean 0.0 and standard deviation 5.0
normal distribution with mean 0.8 and standard deviation 1.2
beta(4,5) distribution
Which prior best corresponds to a flat prior?
uniform distribution from -100 to 100
normal distribution with mean 0.0 and standard deviation 5.0
normal distribution with mean 0.8 and standard deviation 1.2
beta(4,5) distribution
O O O O
O O
Transcribed Image Text:Priors 3 You are about to analyze new data from a experiment, with particular interest in estimating a regression coefficient beta. Published data leads you to believe that beta has a mean of about 0.8 and a Which prior best corresponds to a weakly informative prior? uniform distribution from -100 to 100 standard deviation of about 1.2. You need to decide on a prior distribution. normal distribution with mean 0.0 and standard deviation 5.0 normal distribution with mean 0.8 and standard deviation 1.2 beta(4,5) distribution 4 Which prior best corresponds to an informative prior? uniform distribution from -100 to 100 normal distribution with mean 0.0 and standard deviation 5.0 normal distribution with mean 0.8 and standard deviation 1.2 beta(4,5) distribution Which prior best corresponds to a flat prior? uniform distribution from -100 to 100 normal distribution with mean 0.0 and standard deviation 5.0 normal distribution with mean 0.8 and standard deviation 1.2 beta(4,5) distribution O O O O O O
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