- Start: Monday, April 12
- End: Friday, April 16
This week we will introduce a new brand of inference, Bayesian inference. This will be contrasted against the frequentist inference we have done up to this point. We will also very briefly introduce decision theory.
- Understand how Bayesian inference combines prior belief with observed data.
- Use Bayesian inference to create point estimates and interval estimates.
- Understand how decision theory can help compare estimators.