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Bayesian Thinking for People Who Hated Statistics

https://towardsdatascience.com/bayesian-thinking-for-people-who-hated-statistics/(towardsdatascience.com)
Bayesian reasoning is an intuitive skill that is often obscured by complex statistical formulas. By using natural frequencies instead of percentages, complex probability problems, like diagnosing cancer from a mammogram, become simple counting exercises. This approach contrasts with frequentist statistics, where the misuse of p-values has led to a replication crisis in scientific research. The core of Bayesian thinking involves updating a prior belief with new evidence, measured by its likelihood, to form a new posterior belief. This framework can be applied to practical data science tasks like interpreting A/B test results by consciously stating priors before analyzing data.
0 pointsby chrisf1 hour ago

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