New cutting-edge research, led by Academy Professor Otso Ovaskainen of the University of Jyväskylä and David Dunson at Duke ...

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

Discover how credibility theory helps actuaries use historical data to estimate risks and set insurance premiums; learn how the Bayesian and Buhlmann methods relate.

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 ...

New cutting-edge research, led by Academy Professor Otso Ovaskainen of the University of Jyväskylä and David Dunson at Duke ...

NTN applies AI and machine learning to accelerate bearing design, cut analysis time and reduce engineering workload.

Researchers demonstrate fourfold improvement to LED steering results after enlisting the help of some good old-fashion AI Boffins at the Department of Energy's Sandia National Labs are working to ...

Researchers at IIT Guwahati have identified 492 locations in the Eastern Himalayas where new glacial lakes are likely to form ...

Researchers at Cambridge University made a big splash in April last year when they announced that they had strong evidence ...

The FDA’s new draft guidance on Bayesian methodology signals a shift toward more flexible, data-driven clinical trial designs, enabling sponsors to use prior data and adaptive approaches to improve ...

For more than 60 years, this blank slate approach has been the Food and Drug Administration’s gold standard — and for good ...

A new study combines drone data, satellite observations, and ground-based flux measurements to examine methane emissions from ...