3.10 Effects of New Data ?
summarize_beta_binomial(alpha = 45, beta = 55, y = 30, n = 50)
## model alpha beta mean mode var sd
## 1 prior 45 55 0.45 0.4489796 0.002450495 0.04950248
## 2 posterior 75 75 0.50 0.5000000 0.001655629 0.04068942
- A comparison illuminates the polling data’s influence on the posterior model. Mainly, after observing the poll in which 30 of 50 people supported Michelle, the expected value of her underlying support \(\pi\) nudged up from approximately 45% to 50%.