Modes of Inference
Different schools of statistical inference have become established. These schools (or 'paradigms') are not mutually exclusive, and methods which work well under one paradigm often have attractive interpretations under other paradigms. The two main paradigms in use are frequentist and Bayesian inference, which are both summarized below.
Read more about this topic: Statistical Inference
Famous quotes containing the words modes of, modes and/or inference:
“The history of reform is always identical; it is the comparison of the idea with the fact. Our modes of living are not agreeable to our imagination. We suspect they are unworthy. We arraign our daily employments.”
—Ralph Waldo Emerson (1803–1882)
“Heaven is large, and affords space for all modes of love and fortitude. Why should we be busybodies and superserviceable?”
—Ralph Waldo Emerson (1803–1882)
“I shouldn’t want you to be surprised, or to draw any particular inference from my making speeches, or not making speeches, out there. I don’t recall any candidate for President that ever injured himself very much by not talking.”
—Calvin Coolidge (1872–1933)