Bayes' theorem is a statistical formula used to calculate conditional probability. Learn how it works, how to calculate it ...

The FDA has released draft guidance on how sponsors can use Bayesian models for clinical trials.

The stock market is an ever-changing place. In fact, it’s changing every second of every day as prices go up and down, and new factors impact the trajectory of the market. It’s important for investors ...

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.

From within the dark confines of the skull, the brain builds its own version of reality. By weaving together expectations and information gleaned from the senses, the brain creates a story about the ...