Markov Chain Monte Carlo The Metropolis-Hastings algorithm uses distributions we already know to generate random draws from a Markov Chain whose stati
{"Image DocumentName": "Markov Chain Monte Carlo", "Image ImageDescription": "The Metropolis-Hastings algorithm uses distributions we already know to generate random draws from a Markov Chain whose stationary distribution is P(\u03b8|X). We then collect those draws and analyze them (take their mean, median, etc., or run them through as parameters of a cost-effectiveness simulation, etc.).", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}