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Why is the beta distribution so flat when a, b=1?
If the beta distribution is a prior of a Bernoulli distribution (i.e. a rate of success for a binary outcome), then it is completely counterintuitive to me that the beta distribution should be ...
2
votes
1
answer
375
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How to proper evaluate the PDF of a Beta Distribution?
On page 40 of "Think Bayes - Bayesian Statistics Made Simple", Allen evaluates the PDF of the Beta distribution as
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