Bayesian Coin Updating
Easy statistics interview practice: Bayesian Coin Updating.
A coin has an unknown probability of heads, theta. Your prior for theta is Beta(2, 2). You observe 8 heads and 2 tails. What is the posterior mean of theta?
Easy statistics interview practice: Bayesian Coin Updating.
A coin has an unknown probability of heads, theta. Your prior for theta is Beta(2, 2). You observe 8 heads and 2 tails. What is the posterior mean of theta?