Bayesian hierarchical model
Term · Economic statistics · MLC-T-ECS-000154
Conditional probability model for parameters, given the data and assuming a prior distribution of the parameters written in multiple levels.
| Identifier | MLC-T-ECS-000154 |
|---|---|
| Field | Economic statistics |
| References | BLS Glossary |
Record as JSON
{
"id": "MLC-T-ECS-000154",
"term": "Bayesian hierarchical model",
"field": "Economic statistics",
"definition": "Conditional probability model for parameters, given the data and assuming a prior distribution of the parameters written in multiple levels.",
"references": [
"BLS Glossary"
],
"url": "https://mlchart.com/terminology/economic-statistics/bayesian-hierarchical-model/"
}
Record 152 of 2,141 in Economic statistics terminology (MLC-0116). Request the full dataset.