A.22 The probability that one beta variable is greater than another
Suppose π and ρ have independent beta distributions
Then
[see Altham (1969)]. For an expression (albeit a complicated one) for
see Weisberg (1972).
When α, β, γ and are large we can approximate the beta variables by normal variates of the same means and variances and hence approximate the distribution of by a normal distribution.
Get Bayesian Statistics: An Introduction, 4th Edition now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.