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Scholarpedia: Bayesian Statistics

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Description: Encyclopedia article on this system for describing epistemological uncertainty using the mathematical language of probability.
Announcement: Bayesian statistics - Scholarpedia David Spiegelhalter and Kenneth Rice (2009), Scholarpedia, 4(8):5230. is a system for describing epistemological uncertainty using the mathematical . In the 'Bayesian paradigm,' degrees of belief in states of nature are specified; these are non-negative, and the total belief in all states of nature is fixed to be one. Bayesian statistical methods start with existing 'prior' beliefs, and update these using data to give 'posterior' beliefs, which may be used as the basis for inferential decisions.
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