Calibrated Bayesian credible intervals for binomial proportions
Calibrated Bayesian credible intervals for binomial proportions
Drawbacks of traditional approximate and exact confidence intervals for binomial proportions are well recognized. Alternatives include an interval based on inverting the score test, adaptations of exact testing, and Bayesian credible intervals. We propose an approach that calls for selecting an optimal value κ between 0 and 0.5 based on …