{"iri":"https://lexicon.financial/business/bls/BayesianHierarchicalModel","label":"Bayesian hierarchical model","definition":"Conditional probability model for parameters, given the data and assuming a prior distribution of the parameters written in multiple levels.","license":"https://www.usa.gov/government-copyright","source":"bls","source_url":"https://www.bls.gov/bls/glossary.htm"}