Brazilian Journal of Probability and Statistics, Vol. 27, No. 1 (February 2013), pp. 1-19 (19 pages) We introduce a Bayesian analysis for beta generalized distributions and related exponentiated ...

The factor model is an important construct for both portfolio managers and researchers in modern finance. For practitioners, factor model coefficients are used to guide the construction of optimal ...

Two Bayesian clinical trial designs that perform subgroup-specific decision making and inference based on elicited utilities of patient outcomes are reviewed. The first is a randomized comparative ...

A recent study introduces a groundbreaking method for early crop identification, leveraging the Bayesian Probability Update Model (BPUM). This innovative approach combines historical planting data ...

It’s estimated that human adults make about 35,000 decisions a day — the percentage of good decisions depends on the adult. These choices can be as banal as deciding to roll or crumple toilet paper or ...

Learn to apply Bayes' theorem in financial forecasting for insightful, updated predictions. Enhance decision-making with effectively modeled probabilities.

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 ...