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Bayesian theory

   Also found in: Financial, Wikipedia 0.01 sec.
Bayesian theory [′bāz·ē·ən ‚thē·ə·rē]
(statistics)
A theory, as of statistical inference or decision making, in which probabilities are associated with individual events or statements rather than with sequences of events.


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Clark includes a description of Bayesian theory for comparison and contrast and a number of exercises readers can use to uncover the nature of the models using both classic and new data sets.
In addition, Neil says, Bayesian theory lacks the predictability and scalability which internet users require.
 
 
 
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