Bayesian Statistics (7,5 ECTS)

Course Code: 
Elective Courses

The aim of this course is to introduce students to the Bayesian approach to statistics and to compare the Bayesian with the classic (frequentist) approach to statistics. During this course are taught: objective and subjective probability, features in the Bayes approach, the likelihood principle. A-priori distribution and how to choose one (conjugate, non-informative, improper, Jeffreys, a-priori mixtures). Sufficiency and sequential updating. Multivariate Bayesian statistics. Statistical inference: decision theory, Bayes risk, Bayes rule and MINIMAX. Point estimate, interval estimation, hypothesis testing. Predictive Distribution. Asymptotic theory.

Recommended Reading

  • Δελλαπόρτας Π & Τσιαμυρτζής Π (2012) "Στατιστική κατά Bayes". Πανεπιστημιακές Σημειώσεις:
  • Bernardo J. M. & Smith A. F. M., (1994). Bayesian Theory, Wiley, London.
  • Carlin B.P. & Louis T.A. (2000). Bayes and Empirical Bayes Methods for Data Analysis, Chapman and Hall/CRC.
  • O’ Hagan A. and Forster J. (2004). Kendall’s advanced Theory of Statistics, Volume 2b: Bayesian Inference, Edward Arnold, London.