Do you ever wonder how Google can so quickly conjure up relevant search results for you? Or, why ten years ago you received spam regularly and currently almost none? Or, how Nate Silver could predict so accurately the 2008 U.S. presidential elections in all fifty states?
A seemingly simple formula invented by Rev. Thomas Bayes in the 18th century reveals the secret.
Bayesian statistics is making an irreversible global push in all conceivable areas. Despite the simplicity of the formula itself, Bayesian statistics is quite complex.
Bayes in Action is a training program to quickly master the knowledge of Bayes. Bayes in Action focuses on managers and researchers.
- Managers learn how to synthesize their intuition, knowledge and information from outside in making the best possible decisions.
- Researchers learn to reason logically about the actual world through Bayesian statistics.