Josh Twomey on An Evaluator’s Journey Toward Bayes: Part II
This is Josh Twomey again from UMass Medical School’s Center for Health Policy and Research. As promised in yesterday’s Part 1 posting, I wanted to walk through an example demonstrating aspects of Bayesian analysis that evaluators might find advantageous. Part 1 mentioned the use of the Bayes Factor (BF) as a decision-making tool. BFs tell …
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