How to Use Bayesian Methods for Accurate Financial Forecasting

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

Bayesian analysis improves functional safety

Functional safety engineers follow the ISA/IEC 61511 standard and perform calculations based on random hardware failures. These result in very low failure probabilities, which are then combined with ...
JSTOR Daily

A Nonparametric Bayesian Analysis of Heterogenous Treatment Effects in Digital Experimentation

Journal of Business & Economic Statistics, Vol. 34, No. 4, Special Issue on Big Data (October 2016), pp. 661-672 (12 pages) Randomized controlled trials play an important role in how Internet ...

Understanding Credibility Theory in Actuarial Science

Discover how credibility theory helps actuaries use historical data to estimate risks and set insurance premiums; learn how ...
Washington Monthly

Using Bayesian Analysis of Police Killings

A demonstrator protesting the shooting death of Alton Sterling is detained by law enforcement near the headquarters of the Baton Rouge Police Department in Baton Rouge, Louisiana, U.S. July 9, 2016.
JSTOR Daily

Adaptation of Bayesian Data Mining Algorithms to Longitudinal Claims Data: Coxib Safety as an Example

Introduction: Bayesian data mining methods have been used to evaluate drug safety signals from adverse event reporting systems and allow for evaluation of multiple endpoints that are not prespecified.
Scientific American

Bayes's Theorem: What's the Big Deal?

This article was published in Scientific American’s former blog network and reflects the views of the author, not necessarily those of Scientific American I’m not sure when I first heard of Bayes’ ...