Bayesian Theory |
|
| Author:
| Bernardo, José M.
Smith, Adrian F. M. |
| Series title: | Wiley Series in Probability and Statistics Ser. |
| ISBN: | 978-0-471-49464-5 |
| Publication Date: | Mar 2000 |
| Publisher: | John Wiley & Sons, Limited
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| Book Format: | Paperback |
| List Price: | AUD $144.95 |
Book Description:
|
A controversial philosophical approach to statistics following the work of Rev Thomas Bayes (1701). To solve a problem or to make a decision, the Bayesian collects data from all possible theories and assigns a probability to them. This generates a prior distribution from which, workable parameters are determined and complex calculations are made.
A controversial philosophical approach to statistics following the work of Rev Thomas Bayes (1701). To solve a problem or to make a decision, the Bayesian collects data from all possible theories and assigns a probability to them. This generates a prior distribution from which, workable parameters are determined and complex calculations are made.