Exact beta-binomial credibility with unequal exposures
ID: exact-beta-binomial-credibility-with-unequal-exposures
For a common success chance with beta prior and conditionally independent binomial observations of sizes , put and . Beta-binomial conjugacy gives posterior mean , equal to . Multiplying by the next exposure predicts its expected count. The factor tends to one as exposure increases and to zero as prior concentration increases at fixed prior mean.
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