Basketball Free Throw Percentage App
I am making a dashboard in shiny that will input my free throws and update my free throw true shooting percentage using bayesian statistics.
See this link: shinyapps.io/BayesBball
Problem of Interest
Why are we doing this study?
define RV of interest: number of free throws made out of 10 define the parameter of interest: free throw true shooting percentage assumptions: we have to assume independence of each free throw. In reality, when you make five in a row, your confidence increases and will affect the next shots.
Define Model
note: LATEX doesn't work so insert pictures instead
My best guess for theta (shooting percentage) is E(theta) = 0.7. Therefore, alpha should be bigger than beta. Because my guess is that 95% of the time I will get between 0.5 to 0.9, my standard deviation will be about 0.2 (as alpha and beta get bigger, variance decreases).
Likelihood: f(x|theta) ~ Binomial
Derive the Posterior Distribution
Posterior: pi(theta|x) ~ Beta(x + alpha, n - x + beta)
Apply to Problem of Interest
Make decisions baded on posterior summarize posterior dist to help
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