Understanding the Differences Between Bayesian and Frequentist ...
updated 3mo ago
Understanding the Differences Between Bayesian and Frequentist ...
- In a nutshell, the way I have understood it, given a specific set of data, the frequentist believes that there is a true, underlying distribution from which said data was generated. The inability to get the exact parameters is a function of finite sample size. The Bayesian, on the other hand, think that we start with some assumption about the param... See more
from When are Bayesian methods preferable to Frequentist?
nico kokonas added
The Theory That Would Not Die: How Bayes' Rule Cracked the Enigma Code, Hunted Down Russian Submarines, and Emerged Triumphant from Two Centuries of Controversy
Fisher and his contemporaries had no problem with the formula called Bayes’s theorem per se, which is just a simple mathematical identity. Instead, they were worried about how it might be applied. In particular, they took issue with the notion of the Bayesian prior.46 It all seemed too subjective: we have to stipulate, in advance, how likely we thi
... See morefrom The Signal and the Noise: Why So Many Predictions Fail-but Some Don't by Nate Silver