Concept information
Preferred term
Bayesian statistics
Definition
- Bayes's theorem is often used in decision analysis, so it would be natural to think that Bayesian analysis is a generic term to describe decision analyses using the Bayes's theorem. On the contrary, Bayesian analysis refers to a school of thought in statistical analysis. [Source: Encyclopedia of Medical Decision Making; Bayesian Analysis]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/Bayesian_statistics
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