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As large language models (LLMs) continue to evolve, understanding and quantifying the uncertainty in their predictions is critical for enhancing application credibility. However, the existing literature relevant to LLM uncertainty…

Computation and Language · Computer Science 2024-10-22 Hsiu-Yuan Huang , Yutong Yang , Zhaoxi Zhang , Sanwoo Lee , Yunfang Wu

Several subjective proposals have been made for interpreting the strength of evidence in likelihood ratios and Bayes factors. I identify a more objective scaling by modelling the effect of evidence on belief. The resulting scale with base…

Methodology · Statistics 2024-03-01 Frank Dudbridge

Both the Bayes factor and the relative belief ratio satisfy the principle of evidence and so can be seen to be valid measures of statistical evidence. Certainly Bayes factors are regularly employed. The question then is: which of these…

Statistics Theory · Mathematics 2024-02-28 Luai Al-Labadi , Ayman Alzaatreh , Michael Evans

Legal probabilism (LP) claims the degrees of conviction in juridical fact-finding are to be modeled exactly the way degrees of beliefs are modeled in standard bayesian epistemology. Classical legal probabilism (CLP) adds that the conviction…

Artificial Intelligence · Computer Science 2017-07-28 Rafal Urbaniak

Bayesian synthetic likelihood is a widely used approach for conducting Bayesian analysis in complex models where evaluation of the likelihood is infeasible but simulation from the assumed model is tractable. We analyze the behaviour of the…

Statistics Theory · Mathematics 2026-04-17 David T. Frazier , Christopher Drovandi , David J. Nott

Probabilistic models analyze data by relying on a set of assumptions. Data that exhibit deviations from these assumptions can undermine inference and prediction quality. Robust models offer protection against mismatch between a model's…

Machine Learning · Statistics 2018-06-20 Yixin Wang , Alp Kucukelbir , David M. Blei

Bayesian synthetic likelihood (BSL) is now an established method for conducting approximate Bayesian inference in models where, due to the intractability of the likelihood function, exact Bayesian approaches are either infeasible or…

Methodology · Statistics 2020-06-12 David T. Frazier , Christopher Drovandi

Bayes [Philos. Trans. R. Soc. Lond. 53 (1763) 370--418; 54 296--325] introduced the observed likelihood function to statistical inference and provided a weight function to calibrate the parameter; he also introduced a confidence…

Methodology · Statistics 2011-12-26 D. A. S. Fraser

Bayesian inference gets its name from *Bayes's theorem*, expressing posterior probabilities for hypotheses about a data generating process as the (normalized) product of prior probabilities and a likelihood function. But Bayesian inference…

Methodology · Statistics 2024-07-02 Thomas J. Loredo , Robert L. Wolpert

We introduce a new conservative test for quantifying the consistency of two or more datasets. The test is based on the Bayesian answer to the question, ``How much more probable is it that all my data were generated from the same model…

Astrophysics · Physics 2008-11-26 Phil Marshall , Nutan Rajguru , Anze Slosar

Although large language models (LLMs) are highly interactive and extendable, current approaches to ensure reliability in deployments remain mostly limited to rejecting outputs with high uncertainty in order to avoid misinformation. This…

Machine Learning · Computer Science 2025-06-10 T. Duy Nguyen-Hien , Desi R. Ivanova , Yee Whye Teh , Wee Sun Lee

Bayesian inference provides a flexible way of combining data with prior information. However, quantile regression is not equipped with a parametric likelihood, and therefore, Bayesian inference for quantile regression demands careful…

Statistics Theory · Mathematics 2012-07-24 Yunwen Yang , Xuming He

We consider the problem of parametric statistical inference when likelihood computations are prohibitively expensive but sampling from the model is possible. Several so-called likelihood-free methods have been developed to perform inference…

Machine Learning · Statistics 2020-09-14 Owen Thomas , Ritabrata Dutta , Jukka Corander , Samuel Kaski , Michael U. Gutmann

The Bayesian evidence, crucial ingredient for model selection, is arguably the most important quantity in Bayesian data analysis: at the same time, however, it is also one of the most difficult to compute. In this paper we present a…

Methodology · Statistics 2024-05-14 Stefano Rinaldi , Gabriele Demasi , Walter Del Pozzo , Otto A. Hannuksela

Over a century ago, Oliver Wendell Holmes invited scholars to look at the law through the lens of probability theory: "The prophecies of what the courts will do in fact, and nothing more pretentious, are what I mean by the law." Yet few…

Economics · Quantitative Finance 2015-06-26 Enrique Guerra-Pujol

We defend a new theory of statistical evidence, which we call Robust Bayesianism (RB). We prove that, under widely accepted assumptions, RB entails the law of likelihood [Royall, 1997], the likelihood principle [Berger and Wolpert, 1988],…

Statistics Theory · Mathematics 2022-10-18 Conor Mayo-Wilson , Aditya Saraf

A series of monte carlo studies were performed to assess the extent to which different inference procedures robustly output reasonable belief values in the context of increasing levels of judgmental imprecision. It was found that, when…

Artificial Intelligence · Computer Science 2013-04-05 Paul E. Lehner

Bayesian evidence ratios give a very attractive way of comparing models, and being able to quote the odds on a particular model seems a very clear motivation for making a choice. Jeffreys' scale of evidence is often used in the…

Instrumentation and Methods for Astrophysics · Physics 2020-09-07 Charles Jenkins

A reliable modeling of uncertain evidence in Bayesian networks based on a set-valued quantification is proposed. Both soft and virtual evidences are considered. We show that evidence propagation in this setup can be reduced to standard…

Artificial Intelligence · Computer Science 2018-02-16 Sabina Marchetti , Alessandro Antonucci

We introduce two kinds of risk measures with respect to some reference probability measure, which both allow for a certain order structure and domination property. Analyzing their relation to each other leads to the question when a certain…

Risk Management · Quantitative Finance 2022-04-15 Christa Cuchiero , Guido Gazzani , Irene Klein