I had a quick question. So, im trying to answer this probability question which involves the use of the Bayesian procedure .
James uses a prior distribution with parameters a=2, b=48
what is james expected belief that the probability of the software's pfd (Probability of failure on demand) being better than 0.01?
I can't for the life of me figure it out. Would really appreciate if someone could point how to go about solving this question.
Turn on thread page Beta
Probability Question! watch
- Thread Starter
- 30-10-2016 15:42