Bayesian Methodology: an Overview With The Help Of R Software

Bayesian methodology differs from traditional statistical methodology which involves frequentist approach. Bayesian methodology was introduced by Thomas Bayes (Statistician and minister at the Presbyterian Chapel) during the 18th Century. Bayesian methodology is now widely being used due to its simple, straightforward and interpretable characteristics of probability values and the efficiency of modern day computer systems.

Bayesian methodology is now being used in the field of clinical resea...