This is an old chestnut in Bayesian statistics, using the conjugate beta prior to find a beta posterior distribution for a proportion. If you’re unfamiliar with the calculation of the posterior distribution, there’s a link in the tutorial.

This is an old chestnut in Bayesian statistics, using the conjugate beta prior to find a beta posterior distribution for a proportion. If you’re unfamiliar with the calculation of the posterior distribution, there’s a link in the tutorial.

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