Now suppose that based on the popularity of similar electives, the university expects a high proportion of students to enrol, with p most likely around 0.8. Which of the following priors best reflects this belief?

Question

Answer

Beta(4, 4), because it is symmetric and centred on 0.5.

Answer

Beta(8, 2), because it places most density on large values of p.

Answer

Beta(1, 1), because it gives every value of p equal density.

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Beta(1, 1), because it is centred on a high proportion.

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Beta(2, 8), because it places most density on small values of p.

Crowdly

Now suppose that based on the popularity of similar electives, the university ex...

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