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Your opinion that a coin will land with heads up isrepresented by a uniform dens

ID: 2952650 • Letter: Y

Question

Your opinion that a coin will land with heads up isrepresented by a uniform density on [0,1]. You now spin thecoin repeatedly and record the number of times, N, until a headcomes up. So if heads comes up on the first spin, N=1 a.) Find the posterior density of given N=4 b.) Do this a newly minted penny and graph the posteriordensity Please explain Thanks Your opinion that a coin will land with heads up isrepresented by a uniform density on [0,1]. You now spin thecoin repeatedly and record the number of times, N, until a headcomes up. So if heads comes up on the first spin, N=1 a.) Find the posterior density of given N=4 b.) Do this a newly minted penny and graph the posteriordensity Please explain Thanks

Explanation / Answer