Question: 3.21 Analyze Table 3.1 using the Bayesian approach with independent uniform prior distributions. a. Specify the posterior distribution of (, ). b. Using software or
3.21 Analyze Table 3.1 using the Bayesian approach with independent uniform prior distributions.
a. Specify the posterior distribution of (π₁, π₂).
b. Using software or your own simulation, estimate the posterior mean of the dif-
ference of proportions and find a 95% equal-tail posterior interval. Interpret.
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