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Bayesian statistics is an Epistemological uncertainty – a topic based on conditional probability, depending upon the variances in degrees of beliefs, wherein a specific data evolves as a factor of the existing or prior beliefs. In modern form, Bayesian statistics is based on probability distributions and are used in correlating, specifying and expressing unknown quantities, based on fundamental principles of induction (pertaining to a system) and prediction (future observations).

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Bayesian statistics and estimation comprises a wide spectrum of sub topics:

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