Provides an introduction to the example which will be used to describe inference for the case of a normal likelihood, with known variance, and a normal prior distribution.
If you are interested in seeing more of the material, arranged into a playlist, please visit: https://www.youtube.com/playlist?list=PLFDbGp5YzjqXQ4oE4w9GVWdiokWB9gEpm For more information on econometrics and Bayesian statistics, see: https://ben-lambert.com/