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 ...

This is a preview. Log in through your library . Abstract Objectives-To take the common "Bayesian" interpretation of conventional confidence intervals to its logical conclusion, and hence to derive a ...

Bernoulli’s 1713 golden theorem is viewed retrospectively in the context of modern model-based frequentist inference that revolves around the concept of a prespecified statistical model Mθ (x), ...

We live in a world where a lot of things seem to happen by pure chance, from winning the Lotto to losing your car keys. But the truth is, the likelihood of many everyday things happening is heavily ...