Discover how credibility theory helps actuaries use historical data to estimate risks and set insurance premiums; learn how ...
This course introduces the theoretical, philosophical, and mathematical foundations of Bayesian Statistical inference. Students will learn to apply this foundational knowledge to real-world data ...
Articulate the primary interpretations of probability theory and the role these interpretations play in Bayesian inference Use Bayesian inference to solve real-world statistics and data science ...
Bayes’s core contribution, which Chivers skillfully renders into cogent prose designed to educate the lay reader, is the notion that the likelihood of an event taking place in the future depends, in ...