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Data Analysis with R, Second Edition

You're reading from   Data Analysis with R, Second Edition A comprehensive guide to manipulating, analyzing, and visualizing data in R

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Product type Paperback
Published in Mar 2018
Publisher Packt
ISBN-13 9781788393720
Length 570 pages
Edition 2nd Edition
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Author (1):
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Tony Fischetti Tony Fischetti
Author Profile Icon Tony Fischetti
Tony Fischetti
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Table of Contents (19) Chapters Close

Preface 1. RefresheR 2. The Shape of Data FREE CHAPTER 3. Describing Relationships 4. Probability 5. Using Data To Reason About The World 6. Testing Hypotheses 7. Bayesian Methods 8. The Bootstrap 9. Predicting Continuous Variables 10. Predicting Categorical Variables 11. Predicting Changes with Time 12. Sources of Data 13. Dealing with Missing Data 14. Dealing with Messy Data 15. Dealing with Large Data 16. Working with Popular R Packages 17. Reproducibility and Best Practices 18. Other Books You May Enjoy

Choosing a prior

Notice that the posterior distribution looks a little different depending on what prior you use. The most common criticism leveled against Bayesian methods is that the choice of prior adds an unsavory subjective element to analysis. To a certain extent, they're right about the added subjective element, but their allegation that it is unsavory is way off the mark.

To see why, check out the following figure, which shows both posterior distributions (from priors #1 and #2) in the same plot. Notice how priors #1 and #2-two very different priors-given the evidence, produce posteriors that look more similar to each other than the priors did:

Figure 7.6: The posterior distributions from prior #1 and #2

Now direct your attention to the following figure, which shows the posterior of both priors if the evidence included 80 out of 120 correct trials:

Figure 7.7: The...
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