In Example 10 19 the prior distribution of the parameter of the binomial distribution was a beta distribution with 40 Use Theorem 6 5 on page 182 to find the mean and the variance of this prior distribution and describe its shape

Question: In Example 10.19 the prior distribution of the parameter of the binomial distribution was a beta distribution with = = 40. Use Theorem

In Example 10.19 the prior distribution of the parameter of the binomial distribution was a beta distribution with α = β = 40. Use Theorem 6.5 on page 182 to find the mean and the variance of this prior distribution and describe its shape.

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