A collaboration including the University of Oxford, University of British Columbia, Intel, New York University, CERN, and the National Energy Research Scientific Computing Center is working to make it ...
Bayesian inference provides a robust framework for combining prior knowledge with new evidence to update beliefs about uncertain quantities. In the context of statistical inverse problems, this ...
In a new draft guidance issued on January 14, 2026, the FDA discussed the use of a modern statistical methodology in clinical trials designed to ...
In my practice, I find most people involved with advanced analytics, such as predictive, data science, and ML, are familiar with the name Bayes, and can even reproduce the simple theorem below. Still, ...
"The more extraordinary the event, the greater the need for it to be supported by strong proofs." -- Pierre Simon Laplace (1814) stating a non-controversial principle of rational inference When the ...
We estimate by Bayesian inference the mixed conditional heteroskedasticity model of Haas et al. (2004a Journal of Financial Econometrics 2, 211–50). We construct a Gibbs sampler algorithm to compute ...
Bayes' theorem, also called Bayes' rule or Bayesian theorem, is a mathematical formula used to determine the conditional probability of events. The theorem uses the power of statistics and probability ...
"In this universe effect follows cause. I've complained about it, but. . ." -- House (Laurie), pre-sponding to D. Bem "The more extraordinary the event, the greater the need for it to be supported by ...