The Italian mathematician, actuary,...

The Italian mathematician, actuary, and Bayesian, Bruno de Finetti (1906-1985) formerly estimated that it would take until the year 2020 for the Bayesian view of statistics to completely prevail. (1) Whether or not his prediction follows true, there is no question that Bayesian statistics is gaining sod In drug regulation, however, the alternative frequentist view continues to dominate, although there are areas (for example the regulation of medical devices) where the Bayesian approach is being applied. Many readers of Applied Clinical Trials will have heard of Bayesian statistics,

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