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Frequentist vs Bayesian
•Frequentist
–A precise (objective)
answer to not quite the right question
–Well developed
nonparametric and moment based analyses (e.g., GEE)
–Conciseness of
presentation
•Bayesian
–A vague (subjective)
answer to the right question
–Adherence to
likelihood principle in parametric settings (and coarsened
approach)