3 ms·
It is like running a casino versus gambling as an individual. If I was running a casino and presiding over tens of thousands of bets daily, I would use frequen
by rawgabbit 1y ago
It is like running a casino versus gambling as an individual.
If I was running a casino and presiding over tens of thousands of bets daily, I would use frequency statistics to guarantee the house always wins.
If I was an individual gambler and determining my odds at a particular bet, I would use Bayesian.