Subject
2 entries
Bayesian Statistics
Bookmarks
How Data Nerds Found a 131-Year-Old Sunken Treasure
FiveThirtyEight on locating the SS Republic shipwreck using Bayesian search theory — the same framework used to find Air France 447 and guide military submarine searches. A clear demonstration that search is a statistics problem as much as a logistics one.
Probable Points and Credible Intervals: Bayesian Decision Theory
Part 2 of Rasmus Baath's gentle intro to Bayesian decision theory — covering how credible intervals and probable points are used to make decisions under uncertainty. One of the cleaner elementary treatments of the Bayesian decision framework.
