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Biometrika 1978 65(3):648-649; doi:10.1093/biomet/65.3.648
© 1978 by Biometrika Trust
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MISCELLANEA

A remark on likelihood, Bayes and affinity for a preconceived value

J. B. COPAS1 and J. M. DICKEY2

1Department of Mathematics, University of Salford
2Department of Statistics, University College of Wales Aberystwyth

As judged by large sample efficiency, one can make use of a preconceived value in a considerably less modest way than Bayes's theorem permits, provided one respects the likelihood function.

Key Words: Bayesian theory • Likelihood • Point estimate • Prior knowledge


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