Test your knowledge
To reinforce what we've learned here, practice it with the following tasks:
- Use Bayes' law to calculate the probability of getting a data science job if you've got an interview for the job. This could be written
P(get the DS job | interview)
. You'll have to use Bayesian probability methods (your intuition or beliefs) to assign values to the different components of Bayes' law. - Determine the type of distribution and extract the distribution's PDF parameters from the MISO wind power generation data (the MWh column), stored under
Chapter8/test_your_knowledge/data/miso_wind_data.csv
. Write a short analysis explaining why you chose that distribution and what the parameters mean. - Apply bootstrap sampling to the MISO wind power generation data and plot the distribution of the mean wind power generation values.