MTB > exec 'p_beta_t' MTB > ################################################################## MTB > # MACRO 'P_BETA_T' # MTB > # -------------------------------------------------------------- # MTB > # TESTS THE HYPOTHESIS THAT P = P0 USING A BETA PRIOR # MTB > ################################################################## ENTER THE NULL HYPOTHESIS PROPORTION P0: DATA> .5 ENTER THE PRIOR PROBABILITY OF P0: DATA> .5 FOR THE ALTERNATIVE HYPOTHESIS THAT P = P0, ENTER THE NUMBERS A AND B OF THE BETA(A, B) DISTRIBUTION: DATA> 10 10 ENTER THE OBSERVED NUMBER OF SUCCESSES AND FAILURES: DATA> 22 28 The Bayes factor in favor of the null hypothesis is: BF_HK 1.45372 The Bayes factor against the null hypothesis is: BF_KH 0.68789 The posterior probability of the null hypothesis is: prob_H 0.592456