Exploring Beta-Like Distributions
Abstract
The most well known probability distribution of probabilities is the Beta distribution. If we have observed $r$ `successes', each having a probability $\theta$, and $n-r$ `failures', each having a probability $1-\theta$. In this paper we will derive a whole family of Beta-like distributions, which take as their data not only the number of successes and failures, but also values on predictor variables and time to failure or time without failure.
- Publication:
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arXiv e-prints
- Pub Date:
- March 2015
- DOI:
- 10.48550/arXiv.1503.00912
- arXiv:
- arXiv:1503.00912
- Bibcode:
- 2015arXiv150300912V
- Keywords:
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- Statistics - Methodology