Bayesian Statistics
Jan 21, 2022
1 minute read

My notes on Bayesian Statistic. Still learning about this.

See my Scoring Algorithms page, for how I’ve used Bayesian Stats for creating scoring algorithms.

Frequentist versus Bayesian Methods

Frequentist versus Bayesian Methods

In frequentist inference, probabilities are interpreted as long run frequencies. The goal is to create procedures with long run frequency guarantees.

In Bayesian inference, probabilities are interpreted as subjective degrees of belief. The goal is to state and analyze your beliefs.

Resources



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