Bayes' theorem is a statistical formula used to calculate conditional probability. Learn how it works, how to calculate it ...

The FDA has released draft guidance on how sponsors can use Bayesian models for clinical trials.

Here’s our estimate of public support for vouchers, broken down by religion/ethnicity, income, and state: (Click on image to see larger version.) We’re mapping estimates from a hierarchical Bayes ...

The stock market is an ever-changing place. In fact, it’s changing every second of every day as prices go up and down, and new factors impact the trajectory of the market. It’s important for investors ...

SERC copy Purchased with Adopt-a-Book funds. "Statistical Rethinking: A Bayesian Course with Examples in R and Stan builds readers’ knowledge of and confidence in statistical modeling. Reflecting the ...

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’ ...