How to Use Bayesian Methods for Accurate Financial Forecasting

Learn to apply Bayes' theorem in financial forecasting for insightful, updated predictions. Enhance decision-making with ...
JSTOR Daily

A Nonparametric Bayesian Analysis of Heterogenous Treatment Effects in Digital Experimentation

Journal of Business & Economic Statistics, Vol. 34, No. 4, Special Issue on Big Data (October 2016), pp. 661-672 (12 pages) Randomized controlled trials play an important role in how Internet ...

Understanding Credibility Theory in Actuarial Science

Discover how credibility theory helps actuaries use historical data to estimate risks and set insurance premiums; learn how ...
Becker's Hospital Review

FDA proposes new framework for clinical drug trial designs

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

Bayesian analysis improves functional safety

Functional safety engineers follow the ISA/IEC 61511 standard and perform calculations based on random hardware failures. These result in very low failure probabilities, which are then combined with ...
JSTOR Daily

Bayesian Analysis of Proportional Hazards Models Built from Monotone Functions

We consider the usual proportional hazards model in the case where the baseline hazard, the covariate link, and the covariate coefficients are all unknown. Both the baseline hazard and the covariate ...