location: The mean of the distribution. If setting the priors for regression coefficients, this can be a single value, or multiple values, one per coefficient
scale: The standard deviation of the distribution. If setting the priors for regression coefficients, this can be a single value, or multiple values, one per coefficient
autoscale: If TRUE, ubms will automatically adjust priors for each regression coefficient relative to its corresponding covariate x. Specifically, the prior for a given coefficient will be divided by sd(x). This helps account for covariates with very different magnitudes in the same model. If your data are already standardized (e.g. with use of scale()), this will have minimal effect as sd(x) will be approximately 1. Standardizing your covariates is highly recommended.
lower: The lower bound for the uniform distribution
upper: The upper bound for the uniform distribution
df: The number of degrees of freedom for the Student-t distribution
shape: The gamma distribution shape parameter
rate: The gamma distribution rate parameter (1/scale)
Returns
A list containing prior settings used internally by ubms.