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I admit I dont know Bayesian, but isn't the only way to check if the future teller is lucky or not to have them predict many things? If he predicts 10 to happen
by navane 1y ago
I admit I dont know Bayesian, but isn't the only way to check if the future teller is lucky or not to have them predict many things? If he predicts 10 to happen with a 10% chance, and one of them happens, he's good. If he predicts 10 to happen with a 90% chance and 9 happen, same. How is this different with Bayesian?
- sigmoid10 1y agoIt is the only way if you're a frequentist. But there is a whole other subfield of statistics that deals with assigning probabilities to single events.