This is a preview. Log in through your library . Abstract Objectives-To take the common "Bayesian" interpretation of conventional confidence intervals to its logical conclusion, and hence to derive a ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Bayes' theorem, also called Bayes' rule or Bayesian theorem, is a mathematical formula used to determine the conditional probability of events. The theorem uses the power of statistics and probability ...

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

ABSTRACT.With the unprecedented photometric precision of the Kepler spacecraft, significant systematic and stochastic errors on transit signal levels are observable in the Kepler photometric data.