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Exercise

Bayesian probability interval

Suppose Rebekah's prior beliefs about the proportion P are represented by a beta curve with parameters 8.13 and 7.67.

After observing results from a survey, Rebekah's posterior distribution are represented by a beta curve with parameters 24.13 and 7.67. Rebekah's 90% probability interval for P is given by (0.627, 0.872).

Compare this Bayesian interval with a 90% classical interval, and pick out the false statement below!

Instructions
50 XP
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