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Priors

The prior distributions as initially specified were very flat in the hyperparameters. Closer examination of the situation revealed an experience which is well known, that of specifying priors for parameters, where the true parameter of interest is in fact a transformed variable. For this model, it was desired to specify a prior distribution for the hyperparameters, tex2html_wrap_inline3109 , which were related to the logit of the proportion of interest, p. Graphically, this observation is shown in Figure gif. A central prior for logit(p) translates as a flat prior for p. Very slight difference in location has a noticeable affect on the distribution of p. In fact, a moderately high precision on logit(p) turns out to yield a not too precise prior for p.

  figure1066
Figure: Reason for care in prior specification when transforming variable.  

In fact, a certain amount was known about p. It was known that p would not be likely to exceed 0.5, and would probably be smaller than that. With the limited amount of observation, this knowledge should certainly be incorporated in any specification of the prior. The prior for tex2html_wrap_inline2985 was specified as normal with mean -0.5 and variance tex2html_wrap_inline3131 and for tex2html_wrap_inline3133 as normal with mean tex2html_wrap_inline3135 and precision tex2html_wrap_inline3137 , where tex2html_wrap_inline3139 was the average time of observation.



Cathal Walsh
Sat Jan 22 17:09:53 GMT 2000