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mbaker21231 / BayesMixedLogit

A repository for sharing basic stata code and workbooks describing Bayesian estimation of a mixed logit model
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Variance in the function drawing b #1

Closed kprinceing closed 5 years ago

kprinceing commented 5 years ago

In chapter 12 of Train's book , the variance of drawing b from known variance, unknown mean is W/N. In your function, it seems that you use W instead of W/N.

kprinceing commented 5 years ago

Never mind. I realized that you used W/N in the MCMC draw. Sorry about the confusion.

mbaker21231 commented 5 years ago

@kprinceing --

Sorry for not responding sooner; I just saw this! In any event, I really appreciate you taking a look at my code so closely. If you have any ideas/suggestions/comments please let me know!

Best,

@mbaker21231