Show that if the prior probability 0 of a hypothesis is close to unity, then the

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Show that if the prior probability π₀ of a hypothesis is close to unity, then the posterior probability p₀ satisfies 1- p₀ ≅ (1 - π₀ )B^-1and more exactly 1- Po ≅ (1 - π₀)B^-¹ + (1 - π₀)²(B^-1- B^-²).

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Bayesian Statistics An Introduction

ISBN: 9781118332573

4th Edition

Authors: Peter M. Lee

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Question Posted: Nov 28, 2023 04:40 AM

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Show that if the prior probability 0 of a hypothesis is close to unity, then the

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To prove this we will use Bayes theorem and some algebraic manipulation According to Bayes theore...View the full answer

Bayesian Statistics An Introduction

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