Bayesian statistics


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Bayesian statistics

[¦bāz·ē·ən stə′tis·tiks]
(statistics)
An approach to statistics in which estimates are based on a synthesis of a prior distribution and current sample data.
References in periodicals archive ?
By using Bayesian statistics in this uniquely-designed trial we had hoped that it would enable us to demonstrate clinical success faster than more traditional study designs.
Innovative Bayesian statistics will then be employed to predict which miRNAs and chromatin-factors function together in functional/genetic interactions.
The purpose of this paper is two-fold: (1) a large amount of historical fatigue data of several types of welded exhaust components belonging to several diverse programs are collected and statistically analyzed; the similarities and differences in the data patterns, the standard deviation of the cycles to failure in particular, of the different groups of the data are examined, and (2) with the statistical information obtained from the historical data and a previously developed Bayesian statistics approach, examples in design limit/curve construction are provided to demonstrate the values of the historical data in product validation.
Proceedings ofthe Fourth Valencia International Meeting on Bayesian Statistics, Oxford: Oxford University Press, 1992; pp.
Several alternatives to p-values have been proposed, [8,9] including confidence intervals and Bayesian statistics.
Part V: These sections include chapters regarding experimental design, inferential statistics and computer design, Bayesian statistics, and predictive modeling.
for the Use of Bayesian Statistics in Medical Device Clinical Trials, "Bayesian statistics is an approach for learning from evidence as it accumulates.
Hahn shows how Bayesian statistics can help generate insights into business and management data, and provides sections that demonstrate in detail the use of Bayesian approaches with actual business data.
population report to use modern statistics, known as Bayesian statistics, that combines all available information to generate better predictions.
Advanced modules on Application of Bayesian Statistics in Business and in Econometrics prepare participants for a rewarding career in the field of Business Analytics.
Title: Improving Stacking Techniques with Bayesian Statistics