summarize_beta_binomial function

Summarize a Beta-Binomial Bayesian model

Summarize a Beta-Binomial Bayesian model

Consider a Beta-Binomial Bayesian model for parameter π\pi with a Beta(alpha, beta) prior on π\pi and Binomial likelihood with n trials and y successes. Given information on the prior (alpha and data) and data (y and n), this function summarizes the mean, mode, and variance of the prior and posterior Beta models of π\pi.

summarize_beta_binomial(alpha, beta, y = NULL, n = NULL)

Arguments

  • alpha, beta: positive shape parameters of the prior Beta model
  • y: number of successes
  • n: number of trials

Returns

a summary table

Examples

summarize_beta_binomial(alpha = 1, beta = 15, y = 25, n = 50)