B1propSim: simulates Bayesian updating of the binomial parameter \(\pi\).
Description
Provides a simple demonstration of how the posterior distribution
improves as increasing amounts of data become available. A Binomial
variable with a known parametric probability is sampled, and as
increasing numbers of samples become available the posterior
distribution is re-evaluated and plotted.
Usage
B1propSim(p, N = 100, prior = c("uniform", "near_0.5",
"not_near_0.5", "near_0", "near_1"))
Arguments
p
the ``real'' binomial probability; if a number samller than 0 or one
lager than 1 isentered the function will choose an arbitrary probability
N
the number of observations to accumulate
prior
one of: "uniform", "near_0.5", "not_near_0.5", "near_0", or "near_1".
Value
none returned; the function is run for the plot it produces.
References
van Hulst, R. 2018. Evaluating Scientific Evidence. ms.
Examples
Run this code# NOT RUN {
B1propSim(p = 0.44, prior = "near_0.5")
# }
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