Investopedia

Understanding Prior Probability in Bayesian Statistics

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
JSTOR Daily

Clinical Significance Not Statistical Significance: A Simple Bayesian Alternative to p Values

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 ...
Investopedia

The Bayesian Method of Financial Forecasting

Daniel McNulty began writing for Investopedia in 2012. His work includes articles on financial analysis, asset allocation, and trading strategies. Marguerita is a Certified Financial Planner (CFP), ...
Scientific American

What is Bayes's theorem, and how can it be used to assign probabilities to questions such as the existence of God? What scientific value does it have?

Chris Wiggins, an associate professor of applied mathematics at Columbia University, offers this explanation. A patient goes to see a doctor. The doctor performs a test with 99 percent ...
JSTOR Daily

Kepler Presearch Data Conditioning II - A Bayesian Approach to Systematic Error Correction

ABSTRACT.With the unprecedented photometric precision of the Kepler spacecraft, significant systematic and stochastic errors on transit signal levels are observable in the Kepler photometric data.