Bayesian and frequentist approaches to inference or prediction are very different. How different? This simple example highlights the difference and the argument in favor of using Bayesian posterior probabilities.
Author: Steve Ruberg
Blog 22B: Whose Boat Is It Anyway?
Statistical Science and Data Science: Don't compete; CREATE!
Blog 22A: Statistics and Data Science – The Two Cultures
Building a bridge between the Statistical and Data Science professions, or perhaps recognizing that the two cultures are manifestations of the same essence.
Blog 21: Good News, Bad News, Worse News
Everyone likes to have their data analysis work result in some notable findings. Beware! "Torture the data long enough and they will confess to anything."
Blog 20: I Am (Probably) Wrong, Maybe
A promising treatment for Covid-19 comes from a most unusual source - an anti-depressant treatment. Is the evidence compelling? What should we believe?
Blog 19: We Won’t Get Fooled Again, Again
Many clinician researchers are attempting to "repurpose" old treatments for COVID-19. How shold we evaluate purported positive findings in a small, but rigorous, clinical trial?
No. 18: Analytics, Fast and Slow
Fast to the wrong answer is not a good business or scientific strategy. Slow, but rigorous, analysis does not meet business or scientific needs either. It has to be "and."
No. 17: Analytics, Data Science and Statistics – A Rose by Any Other Name …
There is a lot of confusion over what data science is and how it is the same or different from statistics or other data analytic fields such as epidemiology or econometrics. This is my attempt to describe the "big tent" of Analytics.
No. 16: Beware Caesar – Alcohol Consumption and Alzheimer’s Disease
Published research from respectable journals and reported by renowned press outlets can be very misleading and of questionable importance. But it helps keep funding for the researchers and readership for the news media.
No. 15: Subgroups, Multiplicity and Bayes – A Case Study
Alzheimer's Disease has had many failures, and various companies have had mixed results. Bayesian approaches can bring clarity to the inference and primary question: "Does this treatment work?"
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