Equal-tailed credible interval

ID: equal-tailed-credible-interval

An equal-tailed credible interval uses quantiles of a continuous posterior distribution to leave posterior probability in each tail. It is also called a central credible interval; central refers to equal tail probabilities, not equal distances from the posterior mean. For the beta distribution in credible interval, the 95% endpoints are approximately and , whose midpoint differs from the posterior mean .

New to topics? Read the docs here!