Questions tagged [beta-distribution]

A two-parameter family of univariate distributions defined on the interval $[0,1]$.

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What is the intuition behind beta distribution?

Disclaimer: I'm not a statistician but a software engineer. Most of my knowledge in statistics comes from self-education, thus I still have many gaps in understanding concepts that may seem trivial ...
149k views

Calculating the parameters of a Beta distribution using the mean and variance

How can I calculate the $\alpha$ and $\beta$ parameters for a Beta distribution if I know the mean and variance that I want the distribution to have? Examples of an R command to do this would be most ...
40k views

Regression for an outcome (ratio or fraction) between 0 and 1

I am thinking of building a model predicting a ratio $a/b$, where $a \le b$ and $a > 0$ and $b > 0$. So, the ratio would be between $0$ and $1$. I could use linear regression, although it doesn'...
20k views

Does the beta distribution have a conjugate prior?

I know that the beta distribution is conjugate to the binomial. But what is the conjugate prior of the beta? Thank you.
34k views

Relationship between Binomial and Beta distributions

I'm more of a programmer than a statistician, so I hope this question isn't too naive. It happens in sampling program executions at random times. If I take N=10 random-time samples of the program's ...
16k views

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Why is the Beta Distribution Called the Beta Distribution?

In my research, I've been unable to find a historical explanation for why the Beta distribution has the name it does. I'm aware of what Wikipedia says about how it got its name, but so far I haven't ...
3k views

Do two quantiles of a beta distribution determine its parameters?

If I give two quantiles $(q_1,q_2)$ and their corresponding locations $(l_1,l_2)$ (each) in the open interval $(0,1)$, can I always find parameters of a beta distribution that has those quantiles at ...
3k views

Is the beta distribution really better than the normal distribution for testing the difference of two proportions?

I'm working at an online agency, where we run a lot of AB testing in order to test differences in proportion between two groups (test vs. control). Standard practice in the industry for testing ...
6k views

Product of beta distributions

I am looking at trigger efficiencies, meaning that I have some device that fires on $k$ out of $n$ events. In the end I am interested in some estimate of the efficiency $\epsilon$ which is the ...
Based on actual data, given below is the distribution of the languages spoken in India by nearly $1.4$ billion people. There are more than $1600$ active languages in India which have been classified ...