Diginomica

How can Bayesien Inference support complex decisions? A practical guide to an overlooked approach

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, ...
San Francisco Fed

Bayesian Inference for Hospital Quality in a Selection Model

This paper develops new econometric methods to infer hospital quality in a model with discrete dependent variables and non-random selection. Mortality rates in patient discharge records are widely ...
Diginomica

Can Bayesian Networks provide answers when Machine Learning comes up short? It's a question of probabilities

Machine Learning gets all the marketing hype, but are we overlooking Bayesian Networks? Here's a deeper look at why "Bayes Nets" are underrated - especially when it comes to addressing probability and ...
Ars Technica

Bayes’ theorem: Its triumphs and discontents

Nate Silver, baseball statistician turned political analyst, gained a lot of attention during the 2012 United States elections when he successfully predicted the outcome of the presidential vote in ...
lse

Bayesian Inference

This course is available on the BSc in Actuarial Science, BSc in Actuarial Science (with a Placement Year), BSc in Data Science, BSc in Mathematics with Data Science, BSc in Mathematics with Economics ...