GENAIWIKI

Statistics

Bayesian Inference

A statistical method using Bayes' theorem to update the probability of a hypothesis as more evidence becomes available.

Expanded definition

Bayesian inference offers a probabilistic approach to inference, allowing for the incorporation of prior knowledge in conjunction with new evidence. It updates the probability for a hypothesis as more data is collected, making it a powerful tool for decision-making under uncertainty. This approach contrasts with frequentist methods, which do not incorporate prior beliefs.

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