3 ms·
They are just saying that you can't start adjusting without any priors and personally, I don't think .5 means "I don't know". However from a practical standpoin
by nurettin 4y ago
They are just saying that you can't start adjusting without any priors and personally, I don't think .5 means "I don't know". However from a practical standpoint if you are saying that the method converges to the same distribution at the same rate in any case no matter where the prior is, that would make sense.
- inimino 4y agoIf the two outcomes are both possible and that's all you know, that's exactly what .5 means. I think the confusion comes from that, if the coin flip is repeated, we know (if the coin is fair) it will approach N/2, and in the other case, we don't know any such thing.