FDA proposes framework clinical trial designs to guide Bayesian methods, improving efficiency in drug development for rare and pediatric conditions.
US FDA issues guidance on modernizing statistical methods for clinical trials: Maryland Wednesday, January 14, 2026, 09:00 Hrs [IST] The US Food and Drug Administration today publ ...
Bayesian methods in Structural Equation Modeling (SEM) represent a paradigm shift in statistical analysis, integrating prior beliefs with empirical data to derive robust parameter estimates. This ...
Discover how credibility theory helps actuaries use historical data to estimate risks and set insurance premiums; learn how ...
Researchers have employed Bayesian neural network approaches to evaluate the distributions of independent and cumulative ...
Scientists have developed a method to identify symmetries in multi-dimensional data using Bayesian statistical techniques. Bayesian statistics has been in the spotlight in recent years due to ...
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 ...
This study presents a Bayesian parametric model for the purpose of estimating the extreme load on a wind turbine. The extreme load is the highest stress level imposed on a turbine structure that the ...
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