Classical Estimation versus Bayesian Estimation
Peng Yan
Abstract
Peng Yan
Abstract
This atricle studied the differences and similarities between Classical Estimation and Bayesian Estimation with an example.It concludes that Classical Estimation can be derived from Bayes'theory.In special case,Classical Estimation is equivalent to Bayes.
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This atricle studied the differences and similarities between Classical Estimation and Bayesian Estimation with an example.It concludes that Classical Estimation can be derived from Bayes'theory.In special case,Classical Estimation is equivalent to Bayes.
Key concepts: Bayes estimator, Estimation, Bayes' theorem, Bayesian probability, Bayes factor, Mathematics, Recursive Bayesian estimation, Computer science