Formula: \(\mu = \frac{\alpha}{\alpha + \beta}\) \(\mathrm{Var}(X) = \frac{\alpha \cdot \beta}{(\alpha + \beta)^2 (\alpha + \beta + 1)}\)
mbeta(shape1, shape2)
List with mean and variance
Johnson, N.L., Kotz, S., and Balakrishnan, N. (1995). Continuous Univariate Distributions, Vol. 2. Wiley.
mbeta(shape1 = 2, shape2 = 3)
#> $mean
#> [1] 0.4
#>
#> $variance
#> [1] 0.04
#>