Analyses and Outcomes
The results of the MCMC estimation with 50,000 iterations (and a burn in period of 10,000 wherein samples are discarded) and 4 chains are shown in tables 16.1 and 16.2. The number of observations is 2412, as for the 402 districts data for six years is utilized. The mean and the standard deviation stated together with the probability intervals give information about the posterior probability calculated.
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