Bayesian predictions | Stata

Artificial Intelligence | AI on Instagram: "Bayesian statistics is a way of thinking about probability that helps us make decisions and predictions by combining what we already know (called a prior) with new data we see. It is a large field with many popular applications (Bayesian networks, diffusion models, variational autoencoders), with a couple of key ideas. The probability density function (PDF), describes how likely different values of a variable are. This function is central to how we mak