The PRIOR statement specifies the prior distribution of the model parameters. You must specify a single parameter or a list
of parameters, a tilde (~), and then a distribution with its parameters. Multiple PRIOR statements are allowed.
You can specify the following distributions:
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BETA(SHAPE1=a, SHAPE2=b, MIN=m, MAX=M)
-
specifies a beta distribution that has the parameters SHAPE1 and SHAPE2 and is defined between MIN and MAX.
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GAMMA(SHAPE=a, SCALE=b)
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specifies a gamma distribution that has the parameters SHAPE and SCALE.
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IGAMMA(SHAPE=a, SCALE=b)
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specifies an inverse gamma distribution that has the parameters SHAPE and SCALE.
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NORMAL(MEAN=, VAR=)
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specifies a normal distribution that has the parameters MEAN and VAR.
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T(LOCATION=, DF=)
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specifies a noncentral t distribution that has DF degrees of freedom and a location parameter equal to LOCATION.
-
UNIFORM(MIN=m, MAX=M)
-
specifies a uniform distribution that is defined between MIN and MAX.
For more information about how to specify distributions, see the section Standard Distributions.
You can specify the special keyword _REGRESSORS to select all the parameters that are used in the linear regression component
of the model.