EFFECTIVE SAMPLE SIZE (of 3,000)
—
IS estimate of P(W > 700):
—
(truth ≈ 0.0548)
Drag the sliders. A proposal that misses where
p lives collapses the weights onto a few samples — watch the ESS crash. A proposal
sitting right on the target keeps the weights even and the ESS high. And keep an eye on
both readouts as you move: the ESS and the estimate are different numbers, and they
do not always move together.