A prior isn’t the termination.
That sounds like you’re thinking of priors in terms of beliefs. As Gelman recently quoted:
The prior distribution. In general, the prior distribution represents all previously available information regarding a parameter of interest. . . .I really like that they express this in terms of “evidence” and “information” rather than “belief.”
The prior distribution. In general, the prior distribution represents all previously available information regarding a parameter of interest. . . .
I really like that they express this in terms of “evidence” and “information” rather than “belief.”
(First sentence is something Gelman is quoting from Deke et al, p4, second sentence is Gelman’s agreement with that.)
Why is xyz your prior? The termination is the information you’ve drawn on to come to that prior.
A prior isn’t the termination.
That sounds like you’re thinking of priors in terms of beliefs. As Gelman recently quoted:
(First sentence is something Gelman is quoting from Deke et al, p4, second sentence is Gelman’s agreement with that.)
Why is xyz your prior? The termination is the information you’ve drawn on to come to that prior.