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Bayesian Theory
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Book Details

Format Paperback / Softback
ISBN-10 047149464X
ISBN-13 9780471494645
Publisher John Wiley & Sons Inc
Imprint John Wiley & Sons Inc
Country of Manufacture GB
Country of Publication GB
Publication Date Mar 28th, 2000
Print length 608 Pages
Weight 900 grams
Dimensions 22.90 x 15.30 x 3.50 cms
Ksh 13,150.00
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A controversial philosophical approach to statistics following the work of Rev Thomas Bayes (1701). To solve a problem or to make a decision, the Bayesian collects data from all possible theories and assigns a probability to them. This generates a prior distribution from which, workable parameters are determined and complex calculations are made.

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