Bayesian thinking helps you make better decisions by updating your beliefs when new evidence appears. Even in games of chance like scratch-off lotteries, paying attention to information can improve ...
US FDA issues guidance on modernizing statistical methods for clinical trials: Maryland Wednesday, January 14, 2026, 09:00 Hrs [IST] The US Food and Drug Administration today publ ...
Discover how credibility theory helps actuaries use historical data to estimate risks and set insurance premiums; learn how ...
Abstract: Accurately predicting the delay distribution of subthreshold circuits is crucial for verifying the timing closure of digital circuits and estimating parameter yields. The delay variation, ...
Variational Bayesian Inference for Linear State Space Models with Multivariate Laplace Distributions
Abstract: This paper presents a robust variational Bayesian (VB) method for identifying linear state space models (LSSM) with non-Gaussian observational noise. Appropriate prior information is ...
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