Git Product home page Git Product logo

Comments (2)

Joseph-L-Morgan avatar Joseph-L-Morgan commented on June 20, 2024

In the likely event that I am incorrect here is how I reached that conclusion.

Total members of congress = 538
op = number of outperforming porfolios = 312
hc = honest chance = 50% or 0.5
dc = dishonest chance = 90% or 0.9
hm + dm = 538 or honest members + dishonest members = 538
(honest members * honest chance) + (dishonest members * dishonest chance) = 312

(honest members * honest chance) + (dishonest members * dishonest chance) + 226 = 538
(hm * hc) + (dm * dc) + 226 = hm + dm
(hm * hc) + [(538 - hm) * dc] + 226 = (538 - hm) + hm
(hm * 0.5) + [0.9(538 - hm)] + 226 = 538
0.5hm + 484.2 - 0.9hm = 312
-0.4hm = -172.2
hm = 430.5

from thinkbayes2.

AllenDowney avatar AllenDowney commented on June 20, 2024

I'm not positive I understand the question, but it sounds like you are bothered by the fact that the mean of the posterior distribution is not an integer. I think that's normal. Like the average value if you roll a six-sided die is 3.5. But maybe I'm missing your point.

from thinkbayes2.

Related Issues (20)

Recommend Projects

  • React photo React

    A declarative, efficient, and flexible JavaScript library for building user interfaces.

  • Vue.js photo Vue.js

    🖖 Vue.js is a progressive, incrementally-adoptable JavaScript framework for building UI on the web.

  • Typescript photo Typescript

    TypeScript is a superset of JavaScript that compiles to clean JavaScript output.

  • TensorFlow photo TensorFlow

    An Open Source Machine Learning Framework for Everyone

  • Django photo Django

    The Web framework for perfectionists with deadlines.

  • D3 photo D3

    Bring data to life with SVG, Canvas and HTML. 📊📈🎉

Recommend Topics

  • javascript

    JavaScript (JS) is a lightweight interpreted programming language with first-class functions.

  • web

    Some thing interesting about web. New door for the world.

  • server

    A server is a program made to process requests and deliver data to clients.

  • Machine learning

    Machine learning is a way of modeling and interpreting data that allows a piece of software to respond intelligently.

  • Game

    Some thing interesting about game, make everyone happy.

Recommend Org

  • Facebook photo Facebook

    We are working to build community through open source technology. NB: members must have two-factor auth.

  • Microsoft photo Microsoft

    Open source projects and samples from Microsoft.

  • Google photo Google

    Google ❤️ Open Source for everyone.

  • D3 photo D3

    Data-Driven Documents codes.