ST202 is also recommended. Statistical decision theory: risk, decision rules, loss and utility functions, Bayesian expected loss, Frequentist risk. Bayesian Inference: Bayes theorem, prior, posterior ...

id=7745) Statistical decision theory: risk, decision rules, loss and utility functions, Bayesian expected loss, Frequentist risk. Bayesian Inference: Bayes theorem, prior, posterior and predictive ...

1 Describe the fundamental differences between the Bayesian and frequentist approaches to statistics. 2 Construct conjugate families of prior distributions for common sampling distributions. 3 Explain ...