Fear of catching Covid-19 dominates the world, so this week we briefly review how humans think about probabilities, in the context of Covid-19. Prior beliefs figure heavily in probability calculations, so our course spotlight is on:
- July 3 – 31: Introduction to Bayesian Statistics
See you in class!
P.S. Our new course, Analyzing and Modeling Coronavirus Data, starts June 12
When Probabilities Sum to More than One
Fear of catching Covid-19 has captivated the world, and paralyzed it sufficiently to throw nearly every country into a deep recession. Is it a reasonable fear? Humans are known to be poor judges of probabilities, especially for unlikely events – people routinely[…]
Word of the Week
Bayesian Statistics
Bayesian statistics provides probability estimates of the true state of the world. An unremarkable statement, you might think -what else would statistics be for? But classical frequentist statistics, strictly speaking, only provide estimates of […]
Mastery Spotlight
Bayesian Statistics
Our Mastery in Bayesian Statistics includes 5 course options from which you pick 3. After completing an introductory course, you will learn how to implement Markov Chain Monte Carlo (MCMC) estimation methods, and use open source software (BUGS) for Windows and/or R.
The introductory course in the sequence starts July 3, and is taught by William Bolstad, author of the text An Introduction to Bayesian Statistics (Wiley).
- July 3 – 31: Introduction to Bayesian Statistics
The more advanced courses in Bayesian computing follow during the remainder of the year, and are taught by Peter Congdon, author of Bayesian Statistical Modeling and other texts.
See you in class!
Course Spotlight
Analyzing and Modeling Covid-19 Data (June 12 to July 10)
See you in class!