 accurate prediction</li>
</ul>
<p>And there are many others. Traditional approaches may be easier, but that definitely does not mean better, and being easier often instills false confidence in problematic results. This is not a good thing. For the same models, traditional approaches will run faster, but for common, even complicated models we might be talking about time frames on the order of seconds, possibly undetectable if approximation methods are used. In short, there is little reason not to use Bayesi