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An Introduction to Bayesian Reasoning
You might be using Bayesian techniques in your data science without knowing it! And if you're not, then it could enhance the power of your analysis. This blog post, part 1 of 2, will demonstrate how Bayesians employ probability distributions to add information when fitting models, and reason about uncertainty of the model's fit.
Grab a coin. How fair is the coin? What is the probability…Continue