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.

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...