You are going to take a random sample of voters in a city in order to estimate
Question:
You are going to take a random sample of voters in a city in order to estimate the proportion who support stopping the uoridation of the municipal water supply. Before you analyze the data, you need a prior distribution for . You decide that your prior mean is .4, and your prior standard deviation is . 1 .
(a) Determine the beta \((a b)\) prior that matches your prior belief.
(b) What is the equivalent sample size of your prior?
(c) Out of the 100 city voters polled, \(y=21\) support the removal of \(\mathrm{u}-\) oridation from the municipal water supply. Determine your posterior distribution.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Introduction To Bayesian Statistics
ISBN: 9781118091562
3rd Edition
Authors: William M. Bolstad, James M. Curran
Question Posted: