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Take $I$ **independent** sequences of $n$ **independent** flips of the coin**
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Take $I$ **independent** sequences of $n$ **independent** flips of the coin
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Notice the repeated use of the adjective **independent**:
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@@ -333,7 +333,7 @@ as $I$ goes to infinity.
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## Bayesian Interpretation
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We again a binomial distribution.
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We again use a binomial distribution.
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But now we don't regard $\theta$ as being a fixed number.
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@@ -679,4 +679,4 @@ Thus, the Bayesian statististian comes to believe that $\theta$ is near $.4$.
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As shown in the figure above, as the number of observations grows, the Bayesian coverage intervals (BCIs) become narrower and narrower around $0.4$.
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However, if you take a closer look, you will find that the centers of the are not exactly $0.4$, due to the persistent influence of the prior distribution and the randomness of the simulation path.
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However, if you take a closer look, you will find that the centers of the BCIs are not exactly $0.4$, due to the persistent influence of the prior distribution and the randomness of the simulation path.
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