1 suppose that there is a beta22 prior, Basic Statistics

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1 suppose that there is a beta22 prior

1. Suppose that there is a Beta(2,2) prior distribution on the probability µ that a coin will yield a "head" when spun in a speci?ed manner. The coin is independently spun 10 times, and "heads" appears 3 times.

(a) Calculate the posterior mean

(b) Calculate the posterior variance

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Basic Statistics: 1 suppose that there is a beta22 prior

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Basic Statistics: 1 suppose that there is a beta22 prior

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