Importance of Priors in Bayesian Analysis
- Priors are essential starting points, reflecting initial beliefs before data is observed
- A well-informed prior, grounded in data or expert knowledge, leads to more accurate and meaningful posterior results
26
131 reads
CURATED FROM
IDEAS CURATED BY
Giuseppe Biondi-Zoccai is a renowned expert in cardiology, medical research methodology and evidence synthesis
Will Kurt's Bayesian Statistics the Fun Way introduces Bayesian thinking as a method to update beliefs based on new data. It contrasts Bayesian probability with frequentist methods, emphasizing subjective belief and its evolution. The book is important for its practical, accessible approach to using Bayesian reasoning in everyday decision-making and data analysis
“
Similar ideas to Importance of Priors in Bayesian Analysis
Transfer learning concept
The biggest problem, thoug h, is that models like this one are performed only on a single task. Future tasks require a new set of data points as well as equal or more amount of resources.
Transfer learning is an approach in deep learning (and machine learning) where knowledge is ...
The concept of a side gig
It was common well before the pandemic. Employees did their day jobs and then worked other jobs part-time to earn extra money or pursue their passions.
With staff members in the office and using company computers, it was reasonable to assume that work happening onsite was mostly related...
Create a people-first culture
- Empower Employees to Be Leaders in Their Roles. The face of leadership is changing. It's less about the person at the front of the room who knows the most dictating to the group, and more about collaboration between individuals adding to a solution or idea.
- ...
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates