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This is an iterative process which constantly updates the probability of the truth of the hypothesis as new data become available.
 
This is an iterative process which constantly updates the probability of the truth of the hypothesis as new data become available.
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The alternative is a classical frequentist approach.<ref>https://stats.stackexchange.com/questions/322464/what-is-the-difference-between-classical-frequentist-methods-and-likelihood-meth</ref>
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The alternative is a classical frequentist approach,<ref>https://stats.stackexchange.com/questions/322464/what-is-the-difference-between-classical-frequentist-methods-and-likelihood-meth</ref> which takes far more time and money and may be inclusive.
 
==References==
 
==References==
 
<references/>
 
<references/>
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[[Category:Probability and Statistics]]
 
[[Category:Statistics]]
 
[[Category:Statistics]]
 
[[Category:Philosophy]]
 
[[Category:Philosophy]]
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