3 reasons to learn Bayesian Statistics in the new year

What is Bayesian Statistics Bayesian Statistics (or Probabilistic Programming) take a more effective and deep approach to perform analysis of any given data and situation. A/B testing is one of the hottest topics on the internet nowadays. In this testing, you simply consider two different groups, A and B, to analyze the performance of both… Continue reading 3 reasons to learn Bayesian Statistics in the new year

Applications of Bayesian Statistics: Supply Chain

Bayesian Statistics and Supply Chain Supply Chain can be thought of as a set of procedures that are coordinated to combine manufacturers, suppliers, warehouses, and stores in order to ensure proper production and distribution of material of right quantities at the right location and in right time. This, in turn, ensures that the total supply… Continue reading Applications of Bayesian Statistics: Supply Chain

3 key lessons from being an OSS developer

I’ve been contributing on and off to PyMC3 and other projects for a few years now. I’m still learning a lot about Bayesian Statistics and building software. I intend to continue to work on this stuff. Chris Fonnesbeck – recently did a talk at NeurIPS where he talks about some of the stuff we’ve learned in… Continue reading 3 key lessons from being an OSS developer

New Screencast: How do I build a Logistic Regression model the Bayesian way?

One question that is often asked by those who know Machine Learning to me is how do I build a Bayesian Logistic Regression model? If you know how to build a logistic regression model in sklearn or a standard machine learning library it’s quite easy to learn how to do the Bayesian version. In this screencast… Continue reading New Screencast: How do I build a Logistic Regression model the Bayesian way?

How to build a bayesian model in 30 minutes?

You have a problem that you think might need some Bayesian modelling A common question I’m asked is how do you start? In this tutorial I take you from a fresh data set, the data set is an educational dataset. I don’t know anything about the data, and I have no specific domain knowledge. I… Continue reading How to build a bayesian model in 30 minutes?

What is BFMI (Bayesian Fraction of Missing Information)?

I recently gave a talk to the excellent research team at Signal Media. And got asked the question I didn’t want to be asked. It was what is the BFMI in PyMC3? The way I largely think of it is, in a practical level – which is – if the BFMI metric is below the… Continue reading What is BFMI (Bayesian Fraction of Missing Information)?

Why would I ever NEED Bayesian Statistics?

Probabilistic Programming versus Machine Learning In the past ten years, we’ve seen an explosion in Machine Learning applications, these applications have been particularly successful in search, e-commerce, advertising, social media and other verticals. These applications have been particularly focused on predictive accuracy and often involve large amounts of data — sometimes in the region of terabytes — in fact this… Continue reading Why would I ever NEED Bayesian Statistics?

How do I visualise the results of a Bayesian Model: Rugby models in Arviz

I’ve been recently playing around with ‘arviz’. For those of you who don’t know Arviz is a library for exploratory analysis Bayesian Models. I’ve got a Bayesian model built – or someone has built one for me, how do I explore it? How do I plot it? This is the fundamental question that Arviz answers.… Continue reading How do I visualise the results of a Bayesian Model: Rugby models in Arviz