A biased coin is tossed n times Let xi be 1 if the ith toss is heads and 0 if it is tails Assume a non informative prior, p() 1, 0 1 Let t be the number of heads obtained Show that the posterior distribution of is Beta (t 1, n t 1) ...

A biased coin is tossed n times. Let xi be 1 if the ith toss is heads

Question:

A biased coin is tossed n times. Let xi be 1 if the ith toss is heads and 0 if it is tails. Assume a non informative prior, p(θ) = 1, 0 < θ < 1. Let t be the number of heads obtained. Show that the posterior of θ is Beta (t + 1, n – t + 1). Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...