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New Bayesian features: multiple chains, predictions, and more

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  • Yulia Marchenko

    (StataCorp LP)

Abstract

Stata 16 expanded the Bayesian suite of commands with many new features, including multiple chains and Bayesian predictions. This presentation will showcase these features. I will demonstrate how to run multiple chains, including in parallel, and how to use them to check for MCMC convergence. I will show how to compute Bayesian predictions and how to use them for model diagnostic checks. And more.

Suggested Citation

  • Yulia Marchenko, 2020. "New Bayesian features: multiple chains, predictions, and more," London Stata Conference 2020 14, Stata Users Group.
    • Handle: RePEc:boc:usug20:14
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    File URL: http://repec.org/usug2020/Marchenko_u20.pdf
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    References listed on IDEAS

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    1. Park, Trevor & Casella, George, 2008. "The Bayesian Lasso," Journal of the American Statistical Association, American Statistical Association, vol. 103, pages 681-686, June.
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