The stock market is an ever-changing place. In fact, it’s changing every second of every day as prices go up and down, and new factors impact the trajectory of the market. It’s important for investors ...
Nate Silver, baseball statistician turned political analyst, gained a lot of attention during the 2012 United States elections when he successfully predicted the outcome of the presidential vote in ...
This article was published in Scientific American’s former blog network and reflects the views of the author, not necessarily those of Scientific American I’m not sure when I first heard of Bayes’ ...
Having a strong opinion about an issue can make it hard to take in new information about it, or to consider other options when they’re presented. Thankfully, there’s an old rule that can help us avoid ...
pt. 1. Enlightenment and the anti-Bayesian reaction -- Causes in the air -- The man who did everything -- Many doubts, few defenders -- pt. 2. Second World War era -- Bayes goes to war -- Dead and ...
Humans are predication machines. Every second of every day, we are trying to navigate the world based on our predictions. We are making predictions when we book a holiday, based on our prior knowledge ...
Our eyes, gestures, and tone bring us together in a more profound way than words alone. It’s why we look hopefully toward the return of in-person, face-to-face connection. In science, progress is ...
Bayes' theorem, also called Bayes' rule or Bayesian theorem, is a mathematical formula used to determine the conditional probability of events. The theorem uses the power of statistics and probability ...