Tag: Predictions

Bayesian Inference III – Probabilistic Predictions

We are sometimes more interested in the probability that an outcome occurs than in the probability of the hypotheses. We then talk about probabilistic predictions. Probabilistic Predictions Probabilistic predictions are when we talk about things like: “It will rain tomorrow with a probability of 60%, and not rain with a probability of 40%” We often use … Continue reading Bayesian Inference III – Probabilistic Predictions

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