This is a completion of the post I started two weeks ago which shows that "predictive" or "observational" Bayes is better than classical, parametric Bayes, which is far superior to…

Hypothesis testing nicely encapsulates all that is wrong with frequentist statistics. It is a procedure which hides the most controversial assumption/premise. It operates under a "null" belief which nobody believes.…

No, the title of today's post is not a joke, even though it has often been used that way in the past. The title was inspired by yesterday's Wall Street…