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Kennedy, Peter | 1 |
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Kennedy, Peter – Journal of Economic Education, 1986
Concludes that for most researchers trained in classical statistics, the use of the Bayesian approach requires substantial retooling. Observes that the technical details of the Bayesian approach are formidable, and will require studying textbooks, applications, and computer packages, as well as consulting colleagues. (Author/JDH)
Descriptors: Bayesian Statistics, Data Analysis, Economic Research, Economics Education