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Use of Bayes' theorem in health care administration

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Why is using Bayes' theorem important to help answer health care administration-related questions? What does this theorem allow you to do that traditional statistics do not? What are some prerequisites for using Bayesian statistics?

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The expert examines the use of Bayes' theorem in health care administration.

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Why is using Bayes' theorem important to help answer health care administration-related questions? What does this theorem allow you to do that traditional statistics do not? What are some prerequisites for using Bayesian statistics?

Bayes' Theorem is a mathematical formula used for calculating conditional probabilities. In short, the system was Initial Belief + New Data -> Improved Belief. Another simple way to look at this formula is "Prior + Likelihood of your new observation given competing hypotheses -> Posterior."

Bayes' theorem is important to help answer health care ...

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