Bayes factor, Advanced Statistics

Assignment Help:

Bayes factor: A summary of evidence for the modelM1 against the another modelM0 provided by the set of data D, which can be used in the model selection. Given by the ratio of posterior to previous odds,

541_Bayes factor.png 

Twice the logarithm of B10 is on the similar scale as the deviance and the likelihood ratio test statistic. The following scale is many times useful for interpreting the values of B10;


1439_Bayes factor1.png 


Very sensitive to the assumed previous distribution of the models. 


Related Discussions:- Bayes factor

Censored observations, Censored observations : An observation xi on some va...

Censored observations : An observation xi on some variable of interest is consired to be censored if it is known that xi Li (left-censored)or xi Ui (right-censored) where Li and Ui

Reinterviewing, Reinterviewing  is the second interview for a sample of sur...

Reinterviewing  is the second interview for a sample of survey respondents in which questions of the original interview (or the subset of them) are repeated again. The same methods

Simplex method, Economic Interpretation of the Optimum Simplex solution

Economic Interpretation of the Optimum Simplex solution

Hosmer-lemeshow test, Hosmer-Lemeshow test is a goodness-of-fit test taken...

Hosmer-Lemeshow test is a goodness-of-fit test taken in use in logistic regression, particularly when there are regular covariates. Units are spitted into deciles based on predict

Computer-intensive methods, Computer-intensive methods : The statistical me...

Computer-intensive methods : The statistical methods which require almost identical computations on the data repeated number of times. The term computer intensive is, certainly, a

Regression, regression line drawn as Y=C+1075x, when x was 2, and y was 239...

regression line drawn as Y=C+1075x, when x was 2, and y was 239, given that y intercept was 11. calculate the residual

Factor scores, The values assigned to factors for the individual sample uni...

The values assigned to factors for the individual sample units in a factor analysis. The most common approach is "regression method". When the factors are seen as the random variab

Define mean squarederror, Mean squarederror is the expected value of squar...

Mean squarederror is the expected value of square of the difference between an estimator and the true value of the parameter. If the estimator is unbiased then the mean of the squ

Design matrix, It is used generally for the matrix which specifies a statis...

It is used generally for the matrix which specifies a statistical model for a set of observations. For instance, in a one-way design with the three observations in one group, tw

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd