Bayes' theorem is a statistical formula used to calculate conditional probability. Learn how it works, how to calculate it step by step, and see real-world examples.

The FDA has released draft guidance on how sponsors can use Bayesian models for clinical trials.

In genetic analysis, there are often competing explanations for the same data. Sophisticated mathematical models have been developed that can encapsulate these problems in terms of parameters that ...

Nate Silver, baseball statistician turned political analyst, gained a lot of attention during the 2012 United States elections when he successfully predicted the outcome of the presidential vote in ...

Introduction: Bayesian data mining methods have been used to evaluate drug safety signals from adverse event reporting systems and allow for evaluation of multiple endpoints that are not prespecified.