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Keywords: Bayesian statistics
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Journal Articles
Journal of Financial Reporting (2023) 8 (2): 157–174.
Published: 01 November 2023
...Harm H. Schütt ABSTRACT Bayesian statistics is a framework for combining new data with existing forms of information to yield more precise inferences than are possible using the data alone. Its greatest practical advantages are the flexibility it offers in incorporating prior information...
Includes: Supplementary data