Subjective elicitation of hyperparameters of a conjugate Dirichlet prior and the corresponding Bayes analysis
- Resource Type
- Authors
- Satyanshu K. Upadhyay; Richa Srivastava; V. K. Shukla
- Source
- Communications in Statistics - Theory and Methods. 48:4874-4887
- Subject
- Statistics and Probability
Hyperparameter
021103 operations research
business.industry
0211 other engineering and technologies
macromolecular substances
02 engineering and technology
Machine learning
computer.software_genre
01 natural sciences
Dirichlet distribution
010104 statistics & probability
symbols.namesake
symbols
Multinomial distribution
Artificial intelligence
0101 mathematics
Bayes analysis
business
computer
Mathematics
Conjugate
- Language
- ISSN
- 1532-415X
0361-0926
The paper elicits subjectively the Dirichlet prior hyperparameters based on the realistic opinion collected from the experts. The procedure used for subjective elicitation considers several...