The Software & Data Spectrum β’ 78 implied HN points β’ 13 Apr 23
- Bayesian Statistics is used in various fields like Machine Learning, Engineering, Data Science, and more.
- Bayesian Thinking involves observing data, holding prior beliefs, forming hypotheses, gathering evidence, and comparing hypotheses.
- Probability is a way to measure belief strength, and calculating probabilities involves counting outcomes and using ratios of beliefs.