Research Article

Bayesian Estimation of Ammunition Demand Based on Multinomial Distribution

Table 3

Posterior statistics of parameters .

ParameternMeanSDMC errorMedian97.5% CrI

theta_145000.19970.16320.00260.1603(0.006, 0.609)
theta_245000.20090.16350.00230.1607(0.005, 0.608)
theta_345000.19910.16370.00230.1591(0.006, 0.600)
theta_445000.20170.16450.00250.1591(0.007, 0.601)
theta_545000.19860.16310.00240.1575(0.006, 0.595)