Binomial Likelihood
Two designs, identical data, likelihoods differing by a constant factor of 4. The posterior is Beta(10, 4) either way.
Two designs, identical data, likelihoods differing by a constant factor of 4. The posterior is Beta(10, 4) either way.
When an experiment ends must be decided before the results are seen. The kinds of rule in use, which error rate each protects, and what looking early costs.