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An informative prior requires good data… it is a misnomer that Bayesians just “make up” priors, they are generally the result of a past experiment. Indeed a pri
by _yb2s 3y ago
An informative prior requires good data… it is a misnomer that Bayesians just “make up” priors, they are generally the result of a past experiment. Indeed a prior can encode just a hunch or intuition if you have nothing else, but in practice that will be nearly identical to a uniform prior.
Personally, I always use a uniform prior unless I am able to cite or present the data that led to something else.