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The great thing about Bayesian statistics is that it's subjective. You don't have to be in the subjectivist school. You can choose your own interpretation based
by mjhay 2y ago
The great thing about Bayesian statistics is that it's subjective. You don't have to be in the subjectivist school. You can choose your own interpretation based on your (subjective) judgment.
I think this is a strength of Bayesianism. Any statistical work is infused with the subjective judgement of individual humans. I think it is more objective to not shy away from this immutable fact.
- klysm 2y agoThe appropriateness of each approach is very much a function of what is being modeled and the corresponding consequences for error.
- mjhay 2y agoOf course. The best approach for a particular problem depends on your best judgment. I guess that means I'm in the pragmatist school in this article's nomenclature (I'm a big fan of Gelman and all the other stats folks there), but what one thinks is pragmatic is also subjective.