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# parameters | |
prices = [1.99, 2.49, 2.99, 3.49, 3.99, 4.49] | |
alpha_0 = 30.00 # parameter of the prior distribution | |
beta_0 = 1.00 # parameter of the prior distribution | |
# parameters of the true (unknown) demand model | |
true_slop = 50 | |
true_intercept = -7 | |
# prior distribution for each price |
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