Explain PRIOR DISTRIBUTION: “In Bayesian inference, we assume that the unknown quantity to be estimated has many plausible values modeled by what's called a prior distribution. Bayesian inference is then using data (that is considered as unchanging) to build a tighter posterior distribution for the unknown quantity.”[zumel] See also Bayes' Theorem.
Different definitions in web development like prior distribution in Dictionary P.
- Manual Predictive Analytics:
- Meaning data to predict future events, typically to aid in business planning. This incorporates predictive modeling and other techniques. Machine learning might be considered a set of algorithms to help prior distribution definition.
- Manual Posterior Distribution:
- Meaning See prior distribution prior distribution explain.
- Manual Predictive Modeling:
- Meaning The development of statistical models to predict future events. See also predictive analytics, model prior distribution what is.
- Manual Perl:
- Meaning An older scripting language with roots in pre-Linux UNIX systems. Perl has always been popular for text processing, especially data cleanup and enhancement tasks. See also scripting, data wrangling prior distribution meaning.
- Manual Probability Distribution:
- Meaning distribution for a discrete random variable is a listing of all possible distinct outcomes and their probabilities of occurring. Because all possible outcomes are listed, the sum of the probabilities prior distribution abbreviation.
