Table 3. Prior probability density functions.
Parameter | Probability density function | Expected value | Variance |
---|---|---|---|
μr | 0.55 | 0.5 | |
0.1 | 0.01 | ||
δ | 0.5 | 1.25 | |
δa | 0.75 | 1.25 | |
πe | Beta(πe;0.5,0.5) | 0.5 | 0.145 |
πl | Beta(πe;0.5,0.5) | 0.5 | 0.145 |
η | Beta(η;0.5,0.5) | 0.5 | 0.145 |