The Bayesian method is noted to produce spuriously high posterior probabilities for phylogenetic trees in analysis of large datasets, but the precise reasons for this overconfidence are unknown. In ...
Synthese, Vol. 57, No. 3, Rationality and Objectivity: Philosophical and Psychological Conceptions, Part II (Dec., 1983), pp. 341-365 (25 pages) It is argued that we need a richer version of Bayesian ...
In my practice, I find most people involved with advanced analytics, such as predictive, data science, and ML, are familiar with the name Bayes, and can even reproduce the simple theorem below. Still, ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
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