Kategoria BISAC: Mathematics >> Probability & Statistics - Bayesian Analysis

This book provides a thorough understanding of distribution theory and data analysis using statistical software to solve problems related to basic statistics, probability models, and simulation. It presents a detailed explanation of different distribution concepts used in statistics along with their application in real-life situations. Covering the analytical aspects using the latest software, the volume discusses stochastic methods and other statistical methods. It provides an overview of statistical data analysis by taking actual situations and implementing...

This book provides a comprehensive treatment of the logic behind hypothesis testing. Readers will learn to understand statistical hypothesis testing and how to interpret P-values under a variety of conditions including a single hypothesis test, a collection of hypothesis tests, and tests performed on accumulating data. The author explains how a hypothesis test can be interpreted to draw conclusions, and descriptions of the logic behind frequentist (classical) and Bayesian approaches to interpret the results of a statistical hypothesis test are provided. Both approaches have their...

Bayesian analysis is one of the important tools for statistical modelling and inference. Bayesian frameworks and methods have been successfully applied to solve practical problems in reliability and survival analysis, which have a wide range of real world applications in medical and biological sciences, social and economic sciences, and engineering. In the past few decades, significant developments of Bayesian inference have been made by many researchers, and advancements in computational technology and computer performance has laid the groundwork for new opportunities in Bayesian...