Question 12
Let p be the proportion of customers who favor a newly introduced feature in our mobile app. The product team randomly selected 50 customers and asked them if they appreciate the new feature. From the survey, 20 out of the 50 customers responded with a ‘yes.’
Based on the above data, answer the given subquestions.
Find the posterior distribution of p for a Uniform [0, 1] prior.
Beta(20, 30)
Beta(30, 20)
Beta(21, 31)
Beta(31, 21)