Tips, Expertise, Articles and Advice from the Pro's for Your Website or Blog to Succeed
In this article, I will provide a basic introduction to Bayesian learning and explore topics such as frequentist statistics, the drawbacks of the frequentist method, Bayes's theorem (introduced with an example), and the differences between the frequentist and Bayesian methods using the coin flip experiment as the example.
To begin, let's try to answer this question: what is the frequentist method?
I needed a bad random number generator for an illustration, and chose RANDU, possibly the worst random number generator that was ever widely deployed. Donald Knuth comments on RANDU in the second volume of his magnum opus.
When this chapter was first written in the late 1960s, a truly horrible random number generator called RANDU was commonly used on most of the world's computers.