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That's true, but Bayesian methods were handicapped by a lack of computational resources for quite a long time. Modern Bayesian methods, although fundamentally t
by david_ar 11y ago
That's true, but Bayesian methods were handicapped by a lack of computational resources for quite a long time. Modern Bayesian methods, although fundamentally the same, are in practice quite different today compared to a century ago. Frequentist statistics gained popularity because it was more tractable to apply to complex problems until computational technology caught up.
Edit: one can argue that frequentist methods are generally approximations to Bayesian methods, much like Newton vs Einstein