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CamDavidsonPilon / Probabilistic-Programming-and-Bayesian-Methods-for-Hackers

aka "Bayesian Methods for Hackers": An introduction to Bayesian methods + probabilistic programming with a computation/understanding-first, mathematics-second point of view. All in pure Python ;)
http://camdavidsonpilon.github.io/Probabilistic-Programming-and-Bayesian-Methods-for-Hackers/
MIT License
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Fix frequentist's guess #510

Closed MarcoGorelli closed 3 years ago

MarcoGorelli commented 3 years ago

First, thanks for your amazing book!

Here, mu_1 is 3000, and mu_2 is 12000. So a frequentist's guess would be 3000 + 12000 = 15000.

35000 is the prior for the distribution of the true price, which the frequentist would typically not use :)

MarcoGorelli commented 3 years ago

closing as this is evidently unmaintained