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Posts on Statistics

  1. Bayesian Inference: A Modern Approach to Uncertainty

    In the world of data science, dealing with uncertainty is a constant challenge. Predicting outcomes, modeling trends, or making decisions based on incomplete data all boil down to one thing: how confident are we in the predictions we make? This is where Bayesian Inference comes into play. It provides a framework for updating our beliefs about a hypothesis as we gather new evidence, allowing us to model uncertainty in a probabilistic and flexible manner.