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Posts In Category "Bayesian Statistics"

Frequently Asked Bayesian Statistics Interview Questions and Answers

One of the most useful discoveries in the probability and statistics is the Bayesian statistics. Development of this decision theory has immensely increased the power of decision-making and solved many issues faced with frequentist statistics. The Bayes theorem of Bayesian statistics often goes by different names such as posterior statistics, inverse probability, or revised probability. […]

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