4 ms·
Credible interval or highest posterior density intervals are arguably much closer to what most people think a confidence interval are. I’m not sure there is a
by mattkrause 9y ago
Credible interval or highest posterior density intervals are arguably much closer to what most people think a confidence interval are.
I’m not sure there is a single right way to solve any given problem isn a Bayesian way, but it does force you to think more about the problem at hand and make your assumptions explicit.