Tag: Bayesian inference
Bayesian inference for 21st century drug development and approval
Traditional statistical hypothesis testing methods have been the mainstay of global regulatory agencies for decades. Dr Stephen Ruberg of Analytix Thinking, argues that a Bayesian approach, combining current data with prior knowledge, offers advantages over traditional methods. He reasons that these quantifiable probability assertions from Bayesian approaches are much more beneficial to both doctors and patients. Regulators should also find […]
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