You have joined the data modelling team for a health policy unit. Your boss has decided that from now on the team will adopt a Bayesian approach. However, not all staff understand what this is; your boss asks you to present a training session. How would you explain s Bayesian appaorch in your session introduction?
A) An approach that allows you to update the likelihood of your statistical model as more data is collected.
B) An approach that allows you to focus on testing the null hypothesis based on data collection.
C) An approach where you do not modify the likelihood of your statistical model as more data is collected.
D) An approach where you reject your statistical model once data is collected.

Question

Quizplus · Accepted Answer

Bayesian approach is an approach that allows you to update the likelihood of your statistical model as more data is collected. It involves the use of probability theory to model uncertainty. Unlike classical statistics, Bayesian approach allows for the incorporation of prior knowledge and beliefs into the analysis, making it a flexible and powerful tool for decision making in various fields, including health policy.

You Have Joined the Data Modelling Team for a Health