New FDA guidance that’s a ‘huge deal’ for clinical trials

The guidance encourages the use of Bayesian statistics in drug trials. Instead of starting from scratch and only adding new ...
Opinion

How To Speed Up the Search for Cures Through a Change in Probability Theory

The post How To Speed Up the Search for Cures Through a Change in Probability Theory appeared first on Reason.com.
The BMJ

FDA is now “open to bayesian statistics”: transformational change or new Pandora’s box?

The US Food and Drug Administration (FDA) is now “open to bayesian statistics,” contrasting this with the frequentist approach that the agency and the drug industry have historically relied on for ...
JSTOR Daily

SMALL AREA ESTIMATION OF GENERAL PARAMETERS WITH APPLICATION TO POVERTY INDICATORS: A HIERARCHICAL BAYES APPROACH

The Annals of Applied Statistics, Vol. 8, No. 2 (June 2014), pp. 852-885 (34 pages) Poverty maps are used to aid important political decisions such as allocation of development funds by governments ...
International Monetary Fund

A Bayesian Approach to Model Uncertainty

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those ...

Bayes' Theorem: What It Is, Formula, and Examples

Bayes' theorem is a statistical formula used to calculate conditional probability. Learn how it works, how to calculate it ...
technologynetworks

An Introduction to Bayesian Statistics

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 ...