The guidance encourages the use of Bayesian statistics in drug trials. Instead of starting from scratch and only adding new ...

The post How To Speed Up the Search for Cures Through a Change in Probability Theory appeared first on Reason.com.

Bayesian statistics represents a powerful framework for data analysis that centres on Bayes’ theorem, enabling researchers to update existing beliefs with incoming evidence. By combining prior ...

The US Food and Drug Administration (FDA) is now “open to bayesian statistics,” contrasting this with the frequentist approach that the agency and the drug industry have historically relied on for ...

Once you understand what is, you'll spot Bayesian reasoning in science, medicine - and many aspects of daily life.