IEEE

Empirical Bayes Prediction for an Attribute Control Chart in Quality Monitoring

Abstract: A control chart is a valuable statistical tool used in production process control to ensure that products meet quality standards. The c-chart, a specific type of control chart, monitors the ...

Bayes' Theorem: What It Is, Formula, and Examples

Bayes' theorem is a statistical formula used to calculate conditional probability. Learn how it works, how to calculate it ...

What is Mosaic Theory? Explore This Financial Analysis Method

Mosaic theory is an analysis method used in finance to gather diverse information about companies. Discover its components and how it can guide investment decisions.
IEEE

Bayesian-Optimized Multi-Task Gaussian Process Regression With Composite Kernels for Soybean Oil Futures Forecasting

Abstract: Accurate forecasting of agricultural commodity prices is critical for economic stability and strategic decision-making, yet remains challenging owing to nonlinear dynamics and multifactorial ...
BMJ

FDA is now “open to bayesian statistics”: transformational change or new Pandora’s box?

The US Food and Drug Administration (FDA) is now “open to bayesian statistics,” contrasting this with the frequentist approach that the agency and the drug industry have historically relied on for ...
BioSpace

Professor Sarfaraz Niazi’s Scientific Framework Adopted as FDA Modernizes Clinical Trial Evaluation Through Bayesian Methods

WASHINGTON, Jan. 20, 2026 /PRNewswire/ -- The U.S. Food and Drug Administration (FDA) has issued new draft guidance modernizing statistical methodologies used in clinical trials, formally recognizing ...