That’s not a Bayesian method—it’s a frequentist shrinkage method. That said, it’s a good one to use for this purpose.
Sorry, I read the page a while ago and linked it without rereading.
That’s not a Bayesian method—it’s a frequentist shrinkage method. That said, it’s a good one to use for this purpose.
Sorry, I read the page a while ago and linked it without rereading.