It dictates how prior beliefs should combine with new observations, so as to obtain an updated belief that accounts for both.

它规定过去的信念和新的观察结合起来应该的方法以获得一个对两者都能说得通的新信念。

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We then combine these prior beliefs with a general multi-factor model and derive an analytical solution for the posterior expectation of "alpha", the intercept term from the model.

然后我们将这些先验信念与一般多因素模型相结合，进而推导出模型中的截距项——的后验期望代数解。

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For centuries prior to the Liao dynasty, the Chinese built their tombs in imitation of underground shelters for the living, based on their beliefs in and ideas of the afterlife.

几百年前的辽代中，中国建立了自己的坟墓，在仿制的地下庇护所，为生活，根据他们的信仰和思想的来世。

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The monetary authorities look to the markets to hold a mirror up to the economy, but what is reflected back is simply the bank's own prior beliefs.

ECONOMIST: Economics focus