(This article was originally published at Nicebread, and syndicated at StatsBlogs.)
by Angelika Stefan & Felix Schönbrodt This is the second part of “Two meanings of priors”. The first part explained a first meaning – “priors as subjective probabilities of models”. While the first meaning of priors refers to a global appraisal of existing hypotheses, the second meaning of priors refers to specific assumptions which are […]
The post Two meanings of priors, part II: Quantifying uncertainty about model parameters appeared first on Nicebread.
Please comment on the article here: Nicebread
