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Bayesian Analysis with Python
book

Bayesian Analysis with Python

by Osvaldo Martin
November 2016
Beginner to intermediate
282 pages
6h 58m
English
Packt Publishing
Content preview from Bayesian Analysis with Python

Chapter 6. Model Comparison

 

"All models are wrong, but some are useful."

 
 --George Box

We have already discussed the idea that models are wrong in the sense that they are just approximations used in an attempt to understand a problem through data and not a verbatim copy of the real world. While every model is wrong, not every model is equally wrong; some models will be worse than others at describing the same data. In the previous chapters, we focused our attention on the inference problem, that is, how to learn the value of parameters from the data. In this chapter, we are going to focus on a different problem: how to compare two or more models used to explain the same data. As we will learn, this is not a simple problem to solve and at the same ...

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Publisher Resources

ISBN: 9781785883804