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)
“The essence of belief is the establishment of a habit; and different beliefs are distinguished by the different modes of action to which they give rise.”
—Charles Sanders Peirce (1839–1914)
“I have heard that whoever loves is in no condition old. I have heard that whenever the name of man is spoken, the doctrine of immortality is announced; it cleaves to his constitution. The mode of it baffles our wit, and no whisper comes to us from the other side. But the inference from the working of intellect, hiving knowledge, hiving skill,—at the end of life just ready to be born,—affirms the inspirations of affection and of the moral sentiment.”
—Ralph Waldo Emerson (1803–1882)