19 - Beta distribution - an introduction

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This video provides an introduction to the beta distribution; giving its definition, explaining why we may use it, and the range of beliefs that can be described by this versatile distribution.

If you are interested in seeing more of the material, arranged into a playlist, please visit: Unfortunately, Ox Educ is no more. Don't fret however as a whole load of new youtube videos are coming soon, along with a book that accompanies the series: Alternatively, for more information on this video series and Bayesian inference in general, visit: For more information on econometrics and Bayesian statistics, see:
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