Bayesian statistics represents a powerful framework for data analysis that centres on Bayes’ theorem, enabling researchers to update existing beliefs with incoming evidence. By combining prior ...
It is well known that standard frequentist inference breaks down in IV regressions with weak instruments. Bayesian inference with diffuse priors suffers from the same problem. We show that the issue ...
Bayesian inference provides a robust framework for combining prior knowledge with new evidence to update beliefs about uncertain quantities. In the context of statistical inverse problems, this ...
In my practice, I find most people involved with advanced analytics, such as predictive, data science, and ML, are familiar with the name Bayes, and can even reproduce the simple theorem below. Still, ...
This paper concerns the use of empirical Bayes methods to improve the efficiency of a parameter of interest, θ, in the presence of many nuisance parameters, {φi}, one from each data stratum. A class ...
We present a tractable class of nonregular continuous statistical models where 1) likelihoods have multiple singularities and ordinary maximum likelihood is intrinsically unavailable, but 2) Bayes ...
Articulate the primary interpretations of probability theory and the role these interpretations play in Bayesian inference Use Bayesian inference to solve real-world statistics and data science ...
The statistical dispute was mentioned in the New York Times. The writer noted correctly that the fight over how to analyze data in the social sciences has been going on for decades. The Bem-vs.-Bayes ...
Trolling the universe this morning, Richard Cohen wrote a column arguing that it wasn’t racist of George Zimmerman to suspect Trayvon Martin of being a criminal because everyone knows that a ...
"In this universe effect follows cause. I've complained about it, but. . ." -- House (Laurie), pre-sponding to D. Bem "The more extraordinary the event, the greater the need for it to be supported by ...