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Ignoring the personalities for a moment, I viewed this column as pushing the Bayesian vs. frequentist views. Nate Silver believes you should be purely frequent
by cowsandmilk 13y ago
Ignoring the personalities for a moment, I viewed this column as pushing the Bayesian vs. frequentist views.
Nate Silver believes you should be purely frequentist viewpoint of the data first.
Krugman is pushing the Bayesian viewpoint. Given experts' assumptions (that have been built up from examining lots of prior data with critical thinking), let's examine this data.
This is a battle that is being fought on many other stages than Krugman's blog.
- pdonis 13y agoNate Silver believes you should be purely frequentist viewpoint of the data first. Does he? A recent column on 538 (not written by Silver himself, true) talked about using Bayesian methods to help find the missing airliner: http://fivethirtyeight.com/features/how-statisticians-could-help-find-flight-370/ http://fivethirtyeight.com/features/how-statisticians-could-...