Particlefilters, Advanced Statistics

Particlefilters is a simulation method for tracking moving target distributions and for reducing computational burden of the dynamic Bayesian analysis. The method uses a Markov chain

Monte Carlo technique for sampling in order to attain an evolving distribution, that is to adapt estimates of posterior distributions as the new data arrive. The method is particularly useful in the problems in which the observed data become available sequentially in the time and interest centres on performing inference in an online fashion.

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