Prior Information and Bayesian Inference

Turn to an entirely different approach for doing statistical inference: Bayesian statistics, which assumes a known prior probability and updates the probability based on the accumulation of additional data. Unlike the frequentist approach, the Bayesian method does not depend on an infinite number of hypothetical repetitions. Explore the flexibility of Bayesian analysis.

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  • Created August 10, 2020 by
    Administrator admin
  • Modified August 10, 2020 by
    Administrator admin