4. Use up/down arrows or swipe across and re-enter total product/practice cost
5. Adjust grain market price with slider
6. Click 'Study Information' Tab to learn more about each study selected

Disclaimer

The information contained in this website is for information purposes only. The information is provided by the Iowa Soybean Association and while we endeavor to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose.
Any reliance you place on such information is therefore strictly at your own risk.

The data included in this application was originally developed for the ISOFAST application, located here: https://analytics.iasoybeans.com/cool-apps/ISOFAST/

90% Credible Interval

In Bayesian statistics, a credible interval is value range or ‘interval’ within which an unobserved parameter value falls with a particular probability. A 90% credible interval indicates that the mean value of the ‘unobserved parameter value’ will fall within this range 90% of the time based on a prior distribution. In Frequency statistics, this is analogous to confidence intervals, however confidence intervals do not require knowledge of a situation-specific prior distribution.

Thanks to Wikipedia for help in correctly wording this description.

Contributors and Contact

For any information, or to report a technical issue, please send an email to Peter Kyveryga @ pkyveryga@iasoybeans.com or Suzanne Fey @ sfey@iasoybeans.com