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Novick, Melvin, R. | 1 |
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Chen, James J.; Novick, Melvin, R. – Journal of Educational Statistics, 1984
The Libby-Novick class of three-parameter generalized beta distributions is shown to provide a rich class of prior distributions for the binomial model that removes some restrictions of the standard beta class. A numerical example indicates the desirability of using these wider classes of densities for binomial models. (Author/BW)
Descriptors: Bayesian Statistics, Computer Oriented Programs, Generalization, Goodness of Fit