On the Utilization of Direct as Well as Collateral Information in the Problem of Statistical Estimation [Discussion]

Abstract
As a convinced supporter of the principles of inverse probability my sympathies are naturally with Mr. Bailey's approach. Whether a particular problem of statistical estimation involves prior ignorance or prior knowledge the one system of Bayes' theorem meets the requirements of the problem.
Volume
XXXVII
Page
108-110
Year
1950
Categories
Financial and Statistical Methods
Statistical Models and Methods
Bayesian Methods
Publications
Proceedings of the Casualty Actuarial Society
Authors
Wilfred Perks