FDA proposes framework clinical trial designs to guide Bayesian methods, improving efficiency in drug development for rare and pediatric conditions.

In the ever-evolving toolkit of statistical analysis techniques, Bayesian statistics has emerged as a popular and powerful methodology for making decisions from data in the applied sciences. Bayesian ...

Discover how credibility theory helps actuaries use historical data to estimate risks and set insurance premiums; learn how ...

An empirical Bayes analysis of life-time data is described. The paper examines and extends the model discussed by Kalbfleisch (1978) in which the cumulative hazard function is treated as a gamma ...

Journal of the Royal Statistical Society. Series A (Statistics in Society), Vol. 180, No. 4 (OCTOBER 2017), pp. 1191-1209 (19 pages) Area level models, such as the Fay–Herriot model, aim to improve ...

Researchers have employed Bayesian neural network approaches to evaluate the distributions of independent and cumulative ...

This article was published in Scientific American’s former blog network and reflects the views of the author, not necessarily those of Scientific American I’m not sure when I first heard of Bayes’ ...