- Bayesian Analysis with Python
- Osvaldo Martin
- 91字
- 2021-08-20 10:13:28
Single-parameter inference
In the last two sections, we learned several important concepts, but two of them are essentially the core of Bayesian statistics, so let's restate them in a single sentence.
Probabilities are used to measure the uncertainty we have about parameters, and Bayes' theorem is the mechanism to correctly update those probabilities in light of new data, hopefully reducing our uncertainty.
Now that we know what Bayesian statistics is, let's learn how to do Bayesian statistics with a simple example. We are going to begin inferring a single, unknown parameter.