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What is Posterior Distribution

Encyclopedia of Business Analytics and Optimization
A probability distribution that summarizes information about a random variable or parameter after obtaining new information from empirical data.
Published in Chapter:
Bayesian Variable Selection
Oleg Okun (SMARTTECCO, Stockholm, Sweden)
Copyright: © 2014 |Pages: 10
DOI: 10.4018/978-1-4666-5202-6.ch023
Full Text Chapter Download: US $37.50 Add to Cart
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Conditional Hazard Estimating Neural Networks
Probabilistic representation of knowledge, resulting from combination of prior knowledge and observation of data.
Full Text Chapter Download: US $37.50 Add to Cart
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