Tricks for
Beta Distribution
α = 2, β = 2 α = 2, β = 5
mean (μ0) 0.99 0.99
median 1.12 0.78
variance (σ2) 0.21 0.83
LT X
A
E
13
Slide 12
Slide 12 text
Tricks for
Beta Distribution
α = 2, β = 2 α = 2, β = 5
mean (μ0) 0.99 0.99
median 1.12 0.78
variance (σ2) 0.21 0.83
Difference in median is 0.35!
LT X
A
E
14