Bayes - Medreonet
Bayes - Medreonet
Bayes - Medreonet
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Other examples of uninformed priors<br />
A useful technique in these circumstances to minimise the<br />
effects of re-parameterisation is<br />
to set up the prior distribution for λ as 1/λ and for β as 1/β,<br />
that is we are using β as a prior for λ and vice versa.<br />
As a result, the prior distribution is transformation<br />
invariant.