Bayesian Probability and Nonsensical Bayesian Statistics in A/B Testing

Many adherents of Bayesian methods put forth claims of superiority of Bayesian statistics and inference over the established frequentist approach based mainly on the supposedly intuitive nature of the Bayesian approach. Rational thinking or even human …

Many adherents of Bayesian methods put forth claims of superiority of Bayesian statistics and inference over the established frequentist approach based mainly on the supposedly intuitive nature of the Bayesian approach. Rational thinking or even human reasoning in general is Bayesian by nature according to some of them. Others argue that proper decision-making is inherently […] Read More...

Frequentist vs Bayesian Inference

In this article I’m revisiting* the topic of frequentist vs Bayesian inference with specific focus on online A/B testing as usual. The present discussion easily generalizes to any area where we need to measure uncertainty while using data to guid…

In this article I’m revisiting* the topic of frequentist vs Bayesian inference with specific focus on online A/B testing as usual. The present discussion easily generalizes to any area where we need to measure uncertainty while using data to guide decision-making and/or business risk management. In particular, I will discuss each of the following five […] Read More...