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You can do fairly well here with ridge regression as a poor man's hierarchical model. We've used this library's Bayesian ridge regression to support a geo-prici
by hruk 1y ago
You can do fairly well here with ridge regression as a poor man's hierarchical model. We've used this library's Bayesian ridge regression to support a geo-pricing strategy (and it contains the Dirichlet-Multinomial approach as well): https://github.com/bayesianbandits/bayesianbandits https://github.com/bayesianbandits/bayesianbandits