Consider the prior distributions assigned to p, the proportion of hits in a ganzfeld experiment, for the skeptic, the open minded individual, and the believer Assume that the beta prior distribution is assigned to , and 18 hits were observed in 50 sessions in a ganzfeld experiment Construct 95 Bayesian credible intervals for corresponding to the skeptic, the open minded individual, and the believer, and interpret the intervals

Question: Consider the prior distributions assigned to p, the proportion of hits in a ganzfeld experiment, for the skeptic, the open-minded individual, and the believer. Assume

Consider the prior distributions assigned to p, the proportion of hits in a ganzfeld experiment, for the skeptic, the open-minded individual, and the believer. Assume that the beta prior distribution is assigned to π, and 18 hits were observed in 50 sessions in a ganzfeld experiment. Construct 95% Bayesian credible intervals for π corresponding to the skeptic, the open-minded individual, and the believer, and interpret the intervals.

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