Bayesian Statistics
Jan 21, 2022

    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