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Bayesian statistics

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Zhuanzhuan Tech
Zhuanzhuan Tech
Oct 25, 2023 · Artificial Intelligence

Bayesian Statistics and Causal Inference for SKU‑Level Pricing in E‑commerce

The article presents a comprehensive pricing solution for an e‑commerce platform that combines Bayesian statistical modeling, MCMC sampling, and causal inference (including Dragonnet) to achieve controllable, fine‑grained SKU‑level price estimation and optimization.

Bayesian statisticsE-commercecausal inference
0 likes · 15 min read
Bayesian Statistics and Causal Inference for SKU‑Level Pricing in E‑commerce
Model Perspective
Model Perspective
Oct 14, 2022 · Fundamentals

Why Probability Is a Tool for Uncertainty: From Mars Life to Bayesian Logic

Exploring how probability quantifies uncertainty, the article examines examples from the chance of life on Mars to weather forecasts, explains subjective versus objective interpretations, discusses Bayes' theorem, Cromwell's Rule, and the foundational role of conditional probability in logical reasoning.

Bayesian statisticsCromwell's Ruleconditional probability
0 likes · 7 min read
Why Probability Is a Tool for Uncertainty: From Mars Life to Bayesian Logic
DataFunTalk
DataFunTalk
Jun 28, 2021 · Fundamentals

Bayesian A/B Testing with PyMC3: A Practical Guide

This article introduces the motivation and logic behind A/B testing, highlights common misunderstandings of p‑values, and demonstrates how Bayesian A/B testing using PyMC3 can provide intuitive probability statements about which variant performs better, complete with Python code examples.

A/B testingBayesian statisticsPyMC3
0 likes · 12 min read
Bayesian A/B Testing with PyMC3: A Practical Guide