As does Woodroofe, we consider a Bayesian sequential allocation between two treatments that incorporates a covariate. The goal is to maximize the total discounted expected reward from an infinite ...

The increasing interest in Bayesian group sequential design is due to its potential to reinforce efficiency in clinical trials, shorten drug development time, and enhance the accuracy of statistical ...

We may take observations sequentially from a population with unknown mean θ. After this sampling stage, we are to decide whether θ is greater or less than a known constant ν. The net worth upon ...

Bayesian inference provides a robust framework for combining prior knowledge with new evidence to update beliefs about uncertain quantities. In the context of statistical inverse problems, this ...