bayesian method
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In statistics, Bayesian inference is a method of statistical inference|inference in which Bayes' rule is used to update the probability estimate for a hypothesis as additional evidence is learned. Bayesian updating is an important technique throughout statistics, and especially in mathematical statistics: Exhibiting a Bayesian derivation for a statistical method automatically ensures that the method works as well as any competing method, for some cases. Bayesian updating is especially important in the Sequential analysis|dynamic analysis of a sequence of data. Bayesian inference has found application in a range of fields including science, engineering, medicine, and law.In the philosophy of decision theory, Bayesian inference is closely related to discussions of subjective probability, often called Bayesian probability. Bayesian probability provides a Rationality|rational method for updating beliefs; however, non-Bayesian updating rules are compatible with rationality, according to...
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