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Events for day: Thursday 18 October 2018    
           10:00 - 11:00     Weekly Seminar
Shannon Information for Bayesian Sample Size Determination

School
BIOLOGICAL SCIENCES

The most frequently used methods for sample size determination in planning a trial are based on the required size and power of the experiment for a specified treatment effect. This approach is named the frequentist approach. In contrast, one of the Bayesian procedures which is called the fully Bayesian approach treats the problem as a decision problem and employs a utility function to find the optimal sample size of the trial by considering a tradeoff between cost and benefit of carrying out the trial. In this talk we focus on some computational issues of applying the fully Bayesian method and show how Shannon information would be able to dea ...