An Informative Overview on Classical Inference and Bayesian Inference

Maitreya N. Acharya

Abstract: This paper is an informative article on the topic of Statistical Inference. Our main focus is on Classical Inference and Bayesian Inference.

Keywords: Statistical Inference, Classical Inference, Bayesian Inference, Proper Priors, Improper Priors, Uninformative or Non-Informative or Diffuse Priors, Conjugate Priors, Loss Functions or Cost Functions, Symmetric Loss Functions, Asymmetric Loss Functions, Linex Loss Function, General Entropy Loss Function, Change Point