000 02827cam a22003618i 4500
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003 OSt
005 20251231124952.0
008 250408s2025 flu b 001 0 eng
010 _a 2024057171
020 _a9781032915258 (hbk.)
035 _a24144208
040 _aDLC
_beng
_erda
_cJKRC
082 0 0 _a519.542
_223
_bQIA.H
100 1 _aQian, Hang.
_eauthor.
_938213
245 1 0 _aBayesian econometric modelling for big data /
_cby Hang Qian.
_hEnglish.
250 _a1st.
260 _aBoca Raton, FL :
_bCRC Press Taylor & Francis Group,
_c2025.
300 _axix, 466 p. ;
_c26 cm.
336 _atext
_btxt
_2rdacontent
337 _aunmediated
_bn
_2rdamedia
338 _avolume
_bnc
_2rdacarrier
365 _b96.99
_cPound
490 0 _aChapman and Hall/CRC Series on Statistics in Business and Economics
504 _aIncludes bibliographical references and index.
520 _a"This book delves into scalable Bayesian statistical methods designed to tackle the challenges posed by big data. It explores a variety of divide-and-conquer and subsampling techniques, seamlessly integrating these scalable methods into a broad spectrum of econometric models. In addition to its focus on big data, the book introduces novel concepts within traditional statistics, such as the summation, subtraction, and multiplication of conjugate distributions. These arithmetic operators conceptualize pseudo data in the conjugate prior, sufficient statistics that determine the likelihood, and the posterior as a balance between data and prior information, adding an intriguing dimension to Bayesian analysis. This book also offers a deep dive into Bayesian computation. Given the intricacies of floating-point representation of real numbers, computer programs can sometimes yield unexpected or theoretically impossible results. Drawing from his experience as a senior statistical software developer, the author shares valuable strategies for designing numerically stable algorithms. The book is an essential resource for a diverse audience: graduate students seeking foundational knowledge in Bayesian econometric models, early-career statisticians eager to explore cutting-edge advancements in scalable Bayesian methods, data analysts struggling with out-of-memory challenges in large datasets, and statistical software users and developers striving to program with efficiency and numerical stability"--
_cProvided by publisher.
650 0 _aBayesian statistical decision theory.
_936784
650 0 _aBig data.
776 0 8 _iOnline version:
_aQian, Hang.
_tBayesian econometric modelling for big data
_dBoca Raton, FL : CRC Press, 2025
_z9781003564027
_w(DLC) 2024057172
906 _a7
_bcbc
_corignew
_d1
_eecip
_f20
_gy-gencatlg
942 _2ddc
_c1
_e23
_n0
999 _c613166
_d613166