conjugate priors

GPTKB entity

Statements (18)
Predicate Object
gptkbp:instanceOf statistical analysis
gptkbp:advantage analytical tractability
simplifies Bayesian updating
gptkbp:example Gamma distribution is conjugate prior for Poisson likelihood
Beta distribution is conjugate prior for Bernoulli likelihood
Normal distribution is conjugate prior for Normal likelihood (with known variance)
gptkbp:firstDescribed 1961
https://www.w3.org/2000/01/rdf-schema#label conjugate priors
gptkbp:originatedIn gptkb:Howard_Raiffa
gptkb:Robert_Schlaifer
gptkbp:property posterior is same family as prior
gptkbp:relatedTo prior distribution
posterior distribution
gptkbp:usedFor parameter estimation
predictive inference
gptkbp:usedIn Bayesian statistics
gptkbp:bfsParent gptkb:normal_distribution_(precision_parameter)
gptkbp:bfsLayer 7