The Learning Edge

Learning to Love Bayesian Statistics

Learning to Love Bayesian Statistics

Learning to Love Bayesian Statistics

Allen Downey
Olin College of Engineering
Presented at Strata NYC 2015
http://conferences.oreilly.com/strata/big-data-conference-ny-2015

Abstract:
Bayesian methods are well-suited for business applications because they provide concrete guidance for decision-making under uncertainty. But many data science teams lack the background to take advantage of these methods. In this presentation I will explain the advantages and suggest ways for teams to develop skills and add Bayesian methods to their toolkit.

Slides at http://tinyurl.com/lovebayes15

More examples of Bayesian methods on my blog, “Probably Overthinking It”, at http://allendowney.blogspot.com/

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