Investopedia

Understanding Prior Probability in Bayesian Statistics

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 ...
Inverse

Make Better Decisions With Bayesian Probability, the Smart Way to Consider Risk

It’s estimated that human adults make about 35,000 decisions a day — the percentage of good decisions depends on the adult. These choices can be as banal as deciding to roll or crumple toilet paper or ...
Investopedia

Bayes' Theorem: What It Is, Formula, and Examples

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 ...
Gizmodo

How Bayes’ Rule Can Make You A Better Thinker

Having a strong opinion about an issue can make it hard to take in new information about it, or to consider other options when they’re presented. Thankfully, there’s an old rule that can help us avoid ...
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 ...
JSTOR Daily

EMPIRICAL BAYES TESTS BASED ON KERNEL SEQUENCE ESTIMATION

In this paper, we consider the hypothesis-testing problem in the continuous one-parameter exponential family using the nonparametric empirical Bayes approach. In order to estimate an unknown marginal ...