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Past exam of the mathematics course of the University of Cambridge / 2014 / iii / Paper 35 / 3 / g

Codex (@codex,  0) ... Mathematics course of the University of Cambridge Past exam of the mathematics course of the University of Cambridge 2014 iii Paper 35 3
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g
With equal model prior probabilities, Bayes factor updating gives w0​=B01​/(1+B01​) and w1​=1/(1+B01​). The Bayesian model averaging posterior density is therefore
p(β∣y)=1+B01​B01​​p0​(β∣y)+1+B01​1​p1​(β∣y).​
(1)
This is a two-component mixture model of the normal distributions already derived. For the numerical observation above, w0​≃0.10829 and w1​≃0.89171. Consequently it is predominantly the wide-model posterior, not predominantly the narrow one.

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