Bayesian Independent-Sample Inference: Prior Distribution
You can specify the following prior distribution criteria for your Bayesian Independent-Sample Inference:
Note: Many applied researchers may question the need to specify a prior. Reference priors
minimize the concern where the prior is generally overwhelmed as the data increases. When
informative prior information is specified, Bayesian methods can effectively use the information.
The requirement to specify a prior should not be viewed as a deterrent to using Bayesian
analysis.
- Data Variance
- Provides options for defining data variance settings.
- Variance known
-
When selected, allows you to enter two known group variances. Both values must be > 0.
- Assume equal variance
- Controls whether or not the two group variances are assumed to be equal. By default, it is assumed that group variances are unequal. This setting is ignored when values are entered for the two group variances.
- Assume unequal variance
- Controls whether or not the two group variances are assumed to be unequal. By default, it is assumed that group variances are unequal. This setting is ignored when values are entered for the two group variances.
- Prior on variance
- Specify the prior distribution for the two equal variances.
- Jeffreys
- When selected, a non-informative (objective) prior distribution for a parameter space is used.
- Inverse-ChiSquare
- Specifies the continuous probability distribution of a positive-valued random variable and the
parameters for inverse-χ2(ν0,σ20), where ν0 >
0 is the degree of freedom, and σ20 > 0 is the scale parameter.
- Degrees of freedom
- Specify a value for the number of values in the final calculation that are free to vary.
- Scale Parameter
- Specify the scale parameter σ20 > 0 for inverse-χ2(ν0,σ20). You must enter a single value that is greater than 0. The larger the scale parameter, the more spread out the distribution.
- Prior on mean conditional on variance
- Provides options for specifying the prior distribution for the two group means.Note: The Diffuse and Normal options are available only when the Variance known option is selected.
- Diffuse
- The default setting. Specifies the diffuse prior.
- Normal
- When selected, you must specify location and scale parameters for the defined group means.
- Location Parameter
- Enter a numeric values that specifies the location parameters for the group distributions.
- Scale Parameter
- Specify the scale parameter σ20 > 0 for inverse-χ2(ν0,σ20). For each group, you must enter a single value that is greater than 0. The larger the scale parameter, the more spread out the distribution.