Normal(mean, std) prior specification for a real-valued parameter.
Used for AR coefficients: p(φ | μ, σ) ∝ exp(−(φ−μ)² / (2σ²)).
p(φ | μ, σ) ∝ exp(−(φ−μ)² / (2σ²))
Prior mean μ.
Prior standard deviation σ > 0.
Normal(mean, std) prior specification for a real-valued parameter.
Used for AR coefficients:
p(φ | μ, σ) ∝ exp(−(φ−μ)² / (2σ²)).