The Century Of Bayes
Joseph J. Retzer Ph.D. Maritz Research
'The Bayesian 'machine' together with MCMC is arguably the most powerful mechanism ever created for processing data and knowledge'
Berger, 2001
Abstract
In 1763 the Reverend Thomas...
The Century of Bayes
Discusses the theoretical and practical benefits for market research of Bayesian analysis. Bayesian analysis has always been considered challenging, because it requires integration over what are often difficult (non-closed form) integrals.
