Bayesian inference has emerged as a powerful tool in the analysis of queueing systems, blending probability theory with statistical estimation to update beliefs about system parameters as new data ...
Articulate the primary interpretations of probability theory and the role these interpretations play in Bayesian inference Use Bayesian inference to solve real-world statistics and data science ...
We consider Bayesian inferences on a type of multivariate median and the multivariate quantile functionals of a joint distribution using a Dirichlet process prior. Unlike univariate quantiles, the ...