Statistical Inference: An Integrated Bayesian/Likelihood Approach (CRC Monographs on Statistics & Applied Probability (Hardcover))

Filling a gap in current Bayesian theory, Statistical Inference: An Integrated Bayesian/Likelihood Approach presents a unified Bayesian treatment of parameter inference and model comparisons that can be used with simple diffuse prior specifications. This novel approach provides new solutions to difficult model comparison problems and offers direct Bayesian counterparts of frequentist t-tests and other standard statistical methods for hypothesis testing. After an overview of the competing theories of statistical inference, the book introduces the Bayes/likelihood approach used throughout. It presents Bayesian versions of one- and two-sample t-tests, along with the corresponding normal variance tests. The author then thoroughly discusses the use of the multinomial model and noninformative Dirichlet priors in "model-free" or nonparametric Bayesian survey analysis, before covering normal regression and analysis of variance. In the chapter on binomial and multinomial data, he gives alternatives, based on Bayesian analyses, to current frequentist nonparametric methods. The text concludes with new goodness-of-fit methods for assessing parametric models and a discussion of two-level variance component models and finite mixtures. Emphasizing the principles of Bayesian inference and Bayesian model comparison, this book develops a unique methodology for solving challenging inference problems. It also includes a concise review of the various approaches to inference.

• | Author: Murray Aitkin
• | Publisher: Chapman And Hall/Crc
• | Publication Date: Sep 05, 2019
• | Number of Pages: 254 pages
• | Language: English
• | Binding: Paperback
• | ISBN-10: 0367383942
• | ISBN-13: 9780367383947