Iterative and non-iterative methods of Monte Carlo as actual computing methods Bayesian analysis

The use of the Bayesian approach with the aim of its application to the processes of various types is a rather urgent task of evaluating statistical as well as mathematical models. The Bayesian methodology is an alternative to the classical statistical approach, this methodology makes it possible to give the models under study the most complete and accurate estimate. Also, the Bayesian approach provides the probability of obtaining acceptable results in situations in which the application of classical methods is extremely limited.