><annotation encoding="application/x-tex">\text{95% CI } [0.320, 0.864]</annotation></semantics></math>).</p>
<p>We can further visualize the prior and posterior distribution of the
<math display="inline" xmlns="http://www.w3.org/1998/Math/MathML"><semantics><mi>ρ</mi><annotation encoding="application/x-tex">\rho</annotation></semantics></math>
parameter using the <code><a href="https://rdrr.io/r/graphics/plot.default.html" class="external-link">plot()</a></code> function.</p>
<div class="sourceCode" id="c