How Bayes' Rule Can Make You A Better Thinker - 1 views
-
To find out more about this topic, we spoke to mathematician Spencer Greenberg, co-founder of Rebellion Research and a contributing member of AskAMathematician where he answers questions on math and physics. He has also created a free Bayesian thinking module that's available online.
-
Bayes’s Rule is a theorem in probability theory that answers the question, "When you encounter new information, how much should it change your confidence in a belief?" It’s essentially about making decisions under uncertainty, and how we should update or revise our theories as new evidence emerges. It can also be used to help us reach decisions in those circumstances when very few observations or pieces of evidence are available. And it can also be used to help us avoid common mistakes and fallacies in our thinking.
-
The key to Bayesianism is in understanding the power of probabilistic reasoning. But unlike games of chance, in which there’s no ambiguity and everyone agrees on what’s going on (like the roll of die), Bayesians use probability to express their degree of belief about something.
- ...11 more annotations...
-
"Having a strong opinion about an issue can make it hard to take in new information about it, or to consider other options when they're presented. Thankfully, there's an old rule that can help us avoid this problem - and even help us make good decisions when we're uncertain. Here's how Bayesian Reasoning works, and why it can make you a better thinker."