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 ...

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

US FDA issues guidance on modernizing statistical methods for clinical trials: Maryland Wednesday, January 14, 2026, 09:00 Hrs [IST] The US Food and Drug Administration today publ ...

Nate Silver, baseball statistician turned political analyst, gained a lot of attention during the 2012 United States elections when he successfully predicted the outcome of the presidential vote in ...

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 ...

Everyone who spends time with children knows how incredibly much they learn. But how can babies and young children possibly learn so much so quickly? In a recent article in Science, I describe a ...