In the ever-evolving toolkit of statistical analysis techniques, Bayesian statistics has emerged as a popular and powerful methodology for making decisions from data in the applied sciences. Bayesian ...

Functional safety engineers follow the ISA/IEC 61511 standard and perform calculations based on random hardware failures. These result in very low failure probabilities, which are then combined with ...

In this paper, we show that the conditional frequentist method of testing a precise hypothesis can be made virtually equivalent to Bayesian testing. The conditioning strategy proposed by Berger, Brown ...

What’s often misunderstood about Google’s incrementality testing and how Bayesian models use probability to guide better ...

Testing of hypotheses for discrete distributions is considered in this paper. The goal is to develop conditional frequentist tests that allow the reporting of data ...