04:51 - 07:37
2m 46s
Uses an example (with A/B testing) to explain how businesses use Bayesian analysis.
Video Transcript
Related Clips
Explains how Bayesian Statistics are subjectively based.
Shows how you can use the Bayes Factor from a study to alter your own beliefs.
Uses an example to show how overwelming evidence can alter preconcieved beliefs.
Illustrates how Bayesian analyses are made in science with null hypotheses.
Explains the difference between discrete and continous Bayesian inference.