
What is the conjugate prior for Beta distribution
Posted:
Feb 8, 2008 10:39 AM


Hi guys, I'm trying to use Beta distribution to model a variable. To use as much information as posssible, I want to do it in a Bayesian way. Thus I need a conjugate prior for Beta distribution. One professor told me that the prior for Beta distribution is also Beta distribution, but I'm not sure as I wrote down the formula and the result was not consist. Is there any one could give me more detailed information?

