The experiment is to generate a random sample from the beta distribution with left parameter and right parameter . The probability density function is shown in blue in the graph, and on each update, the sample density function is shown in red. On each update, the following statistics are recorded:
Statistics and are point estimators of . On each update, the empirical bias and mean square error of each estimator are recorded in the table for that estimator. The parameters and can be varied with scroll bars.