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 ...

The central issue is not whether inference is Bayesian or frequentist, but whether the analysis is disciplined and legible. Priors can encode genuine external knowledge, yet they can also act as a ...

Bayesian predictive density estimation represents a cornerstone of modern statistical inference by integrating prior knowledge with observed data to produce a predictive distribution for future ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Eric's career includes extensive work in both public and corporate accounting with ...

Disrupting left superior frontal sulcus selectively impaired perceptual but not value-based decisions, revealing segregated ...

A new study published in Therapeutic Innovation & Regulatory Science provides crucial insights into the design and ...