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Bayesian Analysis with Python - Third Edition
book

Bayesian Analysis with Python - Third Edition

by Osvaldo Martin
January 2024
Beginner
394 pages
8h 51m
English
Packt Publishing
Content preview from Bayesian Analysis with Python - Third Edition

Chapter 1 Thinking Probabilistically

Probability theory is nothing but common sense reduced to calculation. – Pierre Simon Laplace

In this chapter, we will learn about the core concepts of Bayesian statistics and some of the instruments in the Bayesian toolbox. We will use some Python code, but this chapter will be mostly theoretical; most of the concepts we will see here will be revisited many times throughout this book. This chapter, being heavy on the theoretical side, is perhaps a little anxiogenic for the coder in you, but I think it will ease the path to effectively applying Bayesian statistics to your problems.

In this chapter, we will cover the following topics:

  • Statistical modeling

  • Probabilities and uncertainty

  • Bayes’ theorem and ...

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Publisher Resources

ISBN: 9781805127161