| Vladimir Bulatov
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09-10-2002 05:38 AM ET (US)
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Edited by author 09-10-2002 05:41 AM
I beg my pardon for interfering into the discussion, but my problem is at least semi-relevant to the topic. My scientific work (in the area of marketing | consumer behavior) is stagnant because I cannot find quick and easy explanation of why/how Bayesian and MCMC methods advance data analysis. I know that the approach has become extremely popular and offer higher precision than traditional stat. analysis. So the problem: can anyone address me to the sources of information than will give in simple words the explanation of the tough stuff (i.e. how Bayesian theory is build; how it is incoroporated into data analysis, and - how MCMC (and particulary Gibbs approach) helps).
Thank you.
If you can, please, cc the reply to: bbe@hologr.com
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