I’m reading through Michael Betancourt’s writeup of the Eight Schools model and I’m wondering, how the true value of log(tau) is known to be 0.7657852
. I’m also confused because if its known why even bother simulated draws from its distribution to try and estimate it?
Does anyone know what I’m missing?
Thanks in advance.
http://mc-stan.org/users/documentation/case-studies/divergences_and_bias.html
https://docs.pymc.io/notebooks/Diagnosing_biased_Inference_with_Divergences.html