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 ...

New cutting-edge research, led by Academy Professor Otso Ovaskainen of the University of Jyväskylä and David Dunson at Duke ...

New cutting-edge research, led by Academy Professor Otso Ovaskainen of the University of Jyväskylä and David Dunson at Duke ...

Researchers demonstrate fourfold improvement to LED steering results after enlisting the help of some good old-fashion AI ...

For more than 60 years, this blank slate approach has been the Food and Drug Administration’s gold standard — and for good ...

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

Treatments for a rare, aggressive form of childhood brain cancer that researchers describe as promising may move closer to ...

As Washington increasingly adopts a more transactional approach to defence in Europe, the threat to those states on the ...

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This study examines how trade shocks that start in one large economy ripple through other countries and how long those effects stick around. Using quarterly bilateral-trade data for 2012-2023, the ...