Compute the posterior probability to be above threshold assuming a beta prior
on the response rate such that the response rate in the experimental or treatment E
exceeds
the threshold set to compute the posterior probability p
: Pr(P_E > p | data)
.
Prior is P_E ~ beta(a, b)
, with default set to be a uniform or beta(1,1).
We observed x
successes in n trials and so the posterior is
P_E | data ~ beta(a + x, b + n - x)
.
Examples
# Example taken from Lee & Liu (2006)
# We observed 16 successes out of 23 patients # should we write this in the documentation
# We set a threshold of 0.60
# Assume a beta(0.6,0.4) prior for P_E
# Posterior will be a beta(16.6,22.8), Pr(P_E > p | data) = 0.8358808
# Example taken from Lee and Liu (2006)
postprobBeta(x = 16, n = 23, p = 0.60, a = 0.6, b = 0.4)
#> [1] 0.8359808
# Interpretation :
# The probability 16 of 23 successes is greater than 60 % threshold is approximately 84 %