Create a prior odds object from a Bayes factor object
newPriorOdds(bf, type = "equal")A BFBayesFactor object, eg, from an analysis
The type of prior odds to create (by default "equal"; see details)
A (prior) BFodds object, which can then be multiplied by the BFBayesFactor object to obtain posterior odds.
This function takes a Bayes factor object and, using its structure and specified type of prior odds, will create a prior odds object.
For now, the only type is "equal", which assigns equal prior odds to all models.