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    Bayesian stats: how to update probability?

    I am trying to use Bayesian methods (Bayes rule) to predict further datapoints (at point n,n+1,n+2 etc..)... I begin by generating a normal pdf using previous 75 datapoints (prior: n-75 to n-1) with mean value, μ: 1.25 and standard deviation, δ: 3.67. Note: previous datapoints range from...
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