When you perform regression analysis in Microsoft Excel, you are engaging in a statistical process that helps you understand the relationship between variables. This technique is particularly useful ...

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Bayesian quantile regression and statistical modelling represent a growing paradigm in contemporary data analysis, extending conventional regression by estimating various conditional quantiles rather ...

Some of you may have come across a growing number of publications in your field using an alternative paradigm called Bayesian statistics in which to perform their statistical analyses. The goal of ...

We’ll discuss some basic concepts and vocabulary in Bayesian statistics such as the likelihood, prior and posterior distributions, and how they relate to Bayes’ Rule. R statistical software will be ...