Your prior hyperparameter is (kappa_{0}=5). How many observations do you need to make for the relative interval

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Your prior hyperparameter is $\kappa_{0}=5$. How many observations do you need to make for the relative interval width $r$ for a $80 \%$ credible interval to be less than 0.2 ?

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The Bayesian Way Introductory Statistics For Economists And Engineers

ISBN: 9781119246879

1st Edition

Authors: Svein Olav Nyberg

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Question Posted: Mar 17, 2024 08:00 AM

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Your prior hyperparameter is (kappa_{0}=5). How many observations do you need to make for the relative interval

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The Bayesian Way Introductory Statistics For Economists And Engineers

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