This is the program for the 2010 Joint Statistical Meetings in Vancouver, British Columbia.
Abstract Details
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Activity Number:
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61
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Type:
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Topic Contributed
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Date/Time:
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Sunday, August 1, 2010 : 4:00 PM to 5:50 PM
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Sponsor:
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Biopharmaceutical Section
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| Abstract - #307109 |
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Title:
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A Perspective on the Connection Between Bayesian and Frequentist Approaches
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Author(s):
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Jin Wang*+
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Companies:
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Abbott Vascular
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Address:
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381 manly ct, santa clara, CA, 95051,
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Keywords:
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Bayesian ;
Frequentist ;
stent ;
conjugate distribution ;
prior distribution
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Abstract:
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Debate over Bayesian and frequentist approaches has been on-going for years. Both philosophical and analytical comparisons exist in different forms. This paper is intended to provide a simple comparison between these two approaches in a specific way. Under the framework of the conjugate normal distribution, it is proven that asymptotically the Bayesian approach is equivalent to the frequentist approach. Finite sample difference between these two approaches is studied by simulations. The impact of the prior distribution on the inference is also investigated through simulations.
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The address information is for the authors that have a + after their name.
Authors who are presenting talks have a * after their name.
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