Archive for the ‘Bayes – Bayesian Inference’ Category

Vindication for the CFP selection committee (and Rev. Bayes)

January 13, 2015

Hooray.  Bucks 42, Ducks 20

The College Football Playoff Selection Committee took a lot of heat when they seeded OSU in the tourney.

Well, last nite’s game vindicated the committee.

Also vindicated was Rev. Thomas Bayes.

You know, the guy who developed Bayes’ Theorem.

Here’s what I mean …

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In my Strategic Business Analytics course we cover Bayesian Inference … applications of Bayes’ Theorem … how to statistically adjust your so-called “prior beliefs” when you get new evidence.

Even I admit that sometimes the subject can get a bit dry …

So let’s bring it to life…

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