Statistics as inverse probability

Numbers Rule Your World 2013-04-22

Summary:

Statistics is sometimes described as inverse probability. In a typical probability problem, one starts by positing that a certain quantity has some given probability distribution, say the number of people entering a bank branch follows a Poisson distribution, and then goes on to compute probabilities such as the chance that more than 100 people (max capacity) require service at the same time. In a typical statistical problem, one observes the distribution, that is to say, the number of patrons over a period of time, and then finds a model to best represent the observed pattern. *** In Charles Wheelan's Naked...

Link:

http://junkcharts.typepad.com/numbersruleyourworld/2013/04/statistics-as-inverse-probability.html

Updated:

04/21/2013, 23:17

From feeds:

Statistics and Visualization ยป Numbers Rule Your World

Tags:

science data models statisticians chapter 5

Authors:

junkcharts

Date tagged:

04/22/2013, 11:36

Date published:

04/22/2013, 08:26