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by whatshisface
1354 days ago
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The posterior can be anything depending on the choice of prior. It is not a distribution over the variable of interest any more than a frequentist's ensembles are. Like frequentist answers, the posterior is understood to be something that can stand in for the in fact unobtainable distribution over the variable of interest. |
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It can be right or wrong but it is what it is!
The frequentist ensembles in the frequentist inference are absolutely not a distribution over the variable of interest. They are defined for a fixed value of the variable of interest.
The 95% confidence interval means that 95% of the intervals that you generate in the ensemble where the paramater has always whatever its unknown actual value is will include it.