FDA proposes framework clinical trial designs to guide Bayesian methods, improving efficiency in drug development for rare and pediatric conditions.

Discover how credibility theory helps actuaries use historical data to estimate risks and set insurance premiums; learn how ...

Unlike most biceps exercises, the Bayesian curl places the highest tension on the muscle when it’s fully lengthened. Growing ...

The FDA’s new draft guidance on Bayesian methodology signals a shift toward more flexible, data-driven clinical trial designs, enabling sponsors to use prior data and adaptive approaches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

Researchers have employed Bayesian neural network approaches to evaluate the distributions of independent and cumulative ...

It is well known that standard frequentist inference breaks down in IV regressions with weak instruments. Bayesian inference with diffuse priors suffers from the same problem. We show that the issue ...