So, if I have a beta distribution with parameters a and b, Wikipedia says I can get the mean and variance like this:
mean = a / (a + b)
variance = a*b / ((a + b)^2 * (a + b + 1))
But I have the mean and variance, and I want to know a and b. This requires math. I was about to do math, but I decided to see if wolfram alpha was up to the task. And lo — though it sometimes ran into a "too much computation time" error — here is its result:
a = -mean * (mean^2 - mean + variance) / variance
b = a * (1/mean - 1)
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