Introduction to Bayesian Statistics

Download or read book Introduction to Bayesian Statistics written by Karl-Rudolf Koch and published by Springer Science & Business Media. This book was released on 2007-10-08 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents Bayes’ theorem, the estimation of unknown parameters, the determination of confidence regions and the derivation of tests of hypotheses for the unknown parameters. It does so in a simple manner that is easy to comprehend. The book compares traditional and Bayesian methods with the rules of probability presented in a logical way allowing an intuitive understanding of random variables and their probability distributions to be formed.