3 ms·
A frequentist is shown a coin and is asked what's the probability it will land on heads. Frequentist: "How the hell should I know?" The coin is then flipped 1
by Joker_vD 5y ago
A frequentist is shown a coin and is asked what's the probability it will land on heads.
Frequentist: "How the hell should I know?"
The coin is then flipped 10000 times, and it lands on heads exactly 5000 times.
Frequentist: "Definitely not 50%, the coin's gotta be biased".
A bayesian is shown a coin and is asked what's the probability it will land on heads.
Bayesian: "It's 50%!"
The coin is then flipped 10000 times, and it lands on heads exactly 5000 times.
Bayesian: "It's 50%!"
This two-strawmen thought experiment clearly demonstrates the superiority of the Bayesian approach in learning useful information from the real-world observations.