Mathematics
9 years ago

New method for comparing variances could revolutionize data analysis!

2 views

Paper Summary

The article presents a new way to compare two lognormal variances using Bayesian hypothesis testing. By using the intrinsic Bayes factor and the fractional Bayes factor, the researchers have found a solution to the problem of arbitrary constants in Bayes factors. This approach helps in making more accurate comparisons between the variances.