Tag: Beta Distribution

Bayesian Inference VI – Beta Distribution

We’ve seen last time how Bayesian Updating with continuous priors works. As mentioned back then, it isn’t always easy to calculate the total probability of X (p(x)). Today I will introduce the Beta Distribution which makes these calculations easier. Beta Distribution The beta(a,b) distribution is a two parameter distribution on range [0,1] and is therefore … Continue reading Bayesian Inference VI – Beta Distribution

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