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Bayesian Statistics (also called Bayes’ theorem) is a method that uses probability theory to interpret the data and decide what to do. Bayesian Theory can be used for a number of tasks, including data analysis, decision making, and disease prediction. Bayesian statistics is used in clinical trials, environmental studies, and genetic research. The advantages of Bayesian statistics are many, including: – Use of Bayes theorem, which allows for probability calculations even when using non-probability events such as random events or observations. – The ability to
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