Parameter, ( $\underset{\_}{\beta }$ )

True value

Mean

Median

95% Credible Interval

${\beta }_1$

0.5

0.5270

0.5220

(−0.3316, 1.3880)

${\beta }_2$

0.5

0.4806

0.4825

(0.2232, 0.7257)

${\beta }_3$

0.5

0.7456

0.7447

(0.2758, 1.2113)