BAYESIAN INFERENCE

BAYESIAN INFERENCE

By NATALIA AFEK (Predictive Solutions) Bayesian inference is a method of statistical inference. It is named after Thomas Bayes, the British mathematician and pastor who first formulated Bayesian probability theory in the 18th century. It is a method of data analysis...
THE THREE-SIGMA RULE

THE THREE-SIGMA RULE

By RAFAŁ WAŚKO (Predictive Solutions) The three-sigma rule is an important tool in statistics and quality management. In the context of data analysis, it allows the identification of outlier points that are significantly different from the rest of the data. The use of...

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