Open AccessSummary on Bayes estimation and hypothesis testing
Author(s) -
de Waal
Publication year - 1988
Publication title -
suid-afrikaanse tydskrif vir natuurwetenskap en tegnologie/die suid-afrikaanse tydskrif vir natuurwetenskap en tegnologie
Language(s) - English
Resource type - Journals
eISSN - 2222-4173
pISSN - 0254-3486
DOI - 10.4102/satnt.v7i1.896
Subject(s) - bayes' theorem , statistical inference , statistical hypothesis testing , bayesian statistics , bayesian probability , estimation , econometrics , inference , bayes factor , decision theory , bayesian inference , bayes estimator , statistics , computer science , artificial intelligence , mathematics , economics , management
Although Bayes’ theorem was published in 1764, it is only recently that Bayesian procedures were used in practice in statistical analyses. Many developments have taken place and are still taking place in the areas of decision theory and group decision making. Two aspects, namely that of estimation and tests of hypotheses, will be looked into. This is the area of statistical inference mainly concerned with Mathematical Statistics