Question

Identify the Faise statement about the Bayesian paradigm Select one: o a. Bayesian statistics offers a method for combing information from multiple sources, b. The Bayesian framework allows you to calculate a 95% credible interval (C): which has a 95% probability of including the parameter of interest c. Bayesian methods treat the parameter of interest as fixed and not random d. Bayesian statistics allows analysts and scientists to assign their own probabilities for the paramuter of interest through the prior distribution. e. By using a "noninformative" prior distribution, Bayesian and Frequentist methods will produce very similar results.

Answer 1

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