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- W2962098396 abstract "Abstract This chapter introduces Markov Chain Monte Carlo (MCMC) with Gibbs sampling, revisiting the “Maple Syrup Problem” of Chapter 12, where the goal was to estimate the two parameters of a normal distribution, μ and σ. Chapter 12 used the normal-normal conjugate to derive the posterior distribution for the unknown parameter μ; the parameter σ was assumed to be known. This chapter uses MCMC with Gibbs sampling to estimate the joint posterior distribution of both μ and σ. Gibbs sampling is a special case of the Metropolis–Hastings algorithm. The chapter describes MCMC with Gibbs sampling step by step, which requires (1) computing the posterior distribution of a given parameter, conditional on the value of the other parameter, and (2) drawing a sample from the posterior distribution. In this chapter, Gibbs sampling makes use of the conjugate solutions to decompose the joint posterior distribution into full conditional distributions for each parameter." @default.
- W2962098396 created "2019-07-23" @default.
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- W2962098396 date "2019-05-23" @default.
- W2962098396 modified "2023-09-26" @default.
- W2962098396 title "The Maple Syrup Problem Revisited: MCMC with Gibbs Sampling" @default.
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- W2962098396 doi "https://doi.org/10.1093/oso/9780198841296.003.0016" @default.
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