Bayesian Statistics for Beginners: A Step-By-Step Approach Donovan Therese M.
Bayesian statistics is currently undergoing something of a renaissance. At its heart is a method of statistical inference in which Bayes' theorem is used to update the probability for a hypothesis as…
Specifikacia Bayesian Statistics for Beginners: A Step-By-Step Approach Donovan Therese M.
Bayesian statistics is currently undergoing something of a renaissance. At its heart is a method of statistical inference in which Bayes' theorem is used to update the probability for a hypothesis as more evidence or information becomes available. It is an approach that is ideally suited to making initial assessments based on incomplete or imperfect information; as that information is gathered and disseminated, the Bayesian approach corrects or replaces the assumptions and alters its decision-making accordingly to generate a new set of probabilities. As new data/evidence becomes available the probability for a particular hypothesis can therefore be steadily refined and revised. It is very well-suited to the scientific method in general and is widely used across the social, biological, medical, and physical sciences. Key to this book's novel and informal perspective is its unique