Exercise

Creating credible intervals

Practice creating credible intervals. Credible intervals allow us to make inferences about the probability of a parameter taking a given value. This is how we determine if a parameter is meaningful when estimated with Bayesian methods. The Bayesian model, stan_model, is already created for you.

Instructions

100 XP

Create 90% credible intervals for the parameters in stan_model
Create 95% credible intervals for the parameters in stan_model
Create 80% credible intervals for the parameters in stan_model

Take Hint (-30 XP)