Exact(5)
We introduce no fictional parameters.
In the predictive Bayesian approach there are no fictional parameters introduced, and no reference to true probabilities.
In our view the probability of frequency approach creates uncertainties, not inherent in the system being studied, by introducing fictional parameters and then become uncertain about their values.
The standard text-book Bayesian analysis ([ 2] Bernardo and Smith 1994, [ 3] Singpurwalla 2006) introduces fictional parameters that are difficult to understand and they complicate the analysis.
This approach to risk analysis has in our view three main weaknesses: 1. Focus is on fictional parameters which are difficult to understand. 2. The message of the analysis is being disturbed by a discussion of uncertainties in parameters constructed by the analysts.
Similar(55)
The fictional narrative, intended as an introduction to the objectives, parameters and concepts the study sought to explore, was instead understood as a 'real story', an accurate reflection of the experiences of many Aboriginal men.
There is no point in speaking about uncertainty of parameters unless they are observables, i.e. not fictional.
And fictional.
Parameters assigned.
Some fictional land, surely?
Fictional crime remains popular.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com