What Are the Benefits of Using Bayesian Adaptive Designs?
Bayesian adaptive designs provide several benefits:
- Flexibility: Allows for modifications to the study protocol based on interim data. - Efficiency: Potentially reduces the number of participants needed, saving time and resources. - Ethical Considerations: Minimizes exposure to potentially ineffective or harmful treatments. - Incorporation of Prior Information: Utilizes existing data to inform study design and decision-making.
