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Kostas Hatalis's Blog Posts Tagged 'theory' (1)

Basics of Bayesian Decision Theory

The use of formal statistical methods to analyse quantitative data in data science has increased considerably over the last few years. One such approach, Bayesian Decision Theory (BDT), also known as Bayesian Hypothesis Testing and Bayesian inference, is a fundamental statistical approach that quantifies the tradeoffs between various decisions using…

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Added by Kostas Hatalis on March 15, 2018 at 12:00pm — No Comments

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