What Determines the Price of LEGO Sets? A Bayesian Analysis with Twists and Turns
Recently we completed a multi-year Odyssey in order to obtain Bayes factors for partial correlations. The result is now available as a preprint. Instead of delving into the finer details of Bayes factors and posterior distributions, we will provide a concrete demonstration. Specifically, we will use Bayes factors for partial correlations to address a perennial question that has tormented children…
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