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Beta Distributions
Somehow, in years of schooling, I’d never heard of beta distributions until I stumbled onto them on accident over at David Robinson’s blog, but they’ve quickly become one of my favorite…
Read more at Towards Data ScienceBeta Distribution Simply Explained
A concise and easy explanation of the Beta distribution. Continue reading on Towards Data Science
Read more at Towards Data ScienceOnce again, Beta Distribution
Long time ago I’ve been asked a question “Why is Beta distribution used in Bayes theorem” at an interview for Data Analyst position. At that time I’ve never heard of Beta Distribution therefore I…
Read more at Analytics VidhyaBeta Distribution — Intuition, Examples, and Derivation
The Beta distribution is a probability distribution on probabilities. For example, we can use it to model the probabilities: the Click-Through Rate of your advertisement, the conversion rate of…
Read more at Towards Data ScienceBeta Distributions: A Cornerstone of Bayesian Calibration
Hi there! Distributions may not seem like a complex concept at first glance, but they are incredibly powerful and fundamental in the world of data analysis and statistics. Think about it this way: if ...
Read more at Towards Data ScienceVisualizing Beta Distribution and Bayesian Updating
Beta distribution is one of the more esoteric distributions compared to Bernoulli, Binomial and Geometric distributions. This post supplements intuitive understanding with visual learning.
Read more at Towards Data ScienceHow the Beta distribution connects sorting and tossing coins
Say you have a coin and know nothing about the probability of heads. It’s reasonable to assume it’s distributed uniform between 0 and 1 (no reason to prefer any probability over any other since we…
Read more at Towards Data ScienceProbability Distribution
I’m a data scientist for a mobile application. As a data scientist, you will often draw a random sample from the population to conduct experiments or analyses. With the random sample, you make…
Read more at Towards Data ScienceDistribution of a single variable
It is customary to refer to the raw numbers as data and the output of data analysis as information. You start with the data, and you hope to end with information that an organization can use for…
Read more at Analytics VidhyaGamma Distribution Simply Explained
An explanation of the Gamma Distribution and its origins Continue reading on Towards Data Science
Read more at Towards Data ScienceGamma Distribution — Intuition, Derivation, and Examples
Before setting Gamma’s two parameters α, β and plugging them into the formula, let’s pause for a moment and ask a few questions… The exponential distribution predicts the wait time until the *very…
Read more at Towards Data ScienceBehind the Models: Beta, Dirichlet, and GEM Distributions
In a future post I want to cover non-parametric Bayesian models — these models are infinite-dimensional and allow for expansive online learning. But first I want to cover some of the building blocks…
Read more at Towards Data ScienceThe Gamma Distribution and Its Applications in the Mobile App Industry
Hello everyone! Today we are going to review the Gamma distribution from the Mobile App industry perspective. I used this distribution for the first time when I built my first Life Time Value model…
Read more at Analytics VidhyaSimplified Student’s T-Distribution
Data is everywhere. What we need is to go to the core of the data by crunching it and make it work for us by pulling out what is hidden inside. Data analysts, scientists and engineers are the…
Read more at Towards Data ScienceThe Bernoulli and Binomial Distributions
The probability for a discrete random variable can be summarized with a discrete probability distribution. A discrete random variable is a random variable that can have one of a finite set of…
Read more at Analytics VidhyaExponential Distribution Simply Explained
A succinct explanation of the Exponential Distribution and its origins. Continue reading on Towards Data Science
Read more at Towards Data ScienceChapter 5 Modeling distributions
The distributions we have used so far are called empirical distributions because they are based on empirical observations, which are necessarily finite samples. The alternative is an analytic distribu...
Read more at Think StatsDirichlet distribution
A few months ago, I built a recommender system that employed topic modelling to display relevant tasks to employees. The algorithm used was Latent Dirichlet Allocation (LDA), a generative model that…
Read more at Towards Data ScienceStatistical Distributions
The normal distribution is the most important probability distribution in statistics because it fits many natural phenomena. In this article we will cover some distributions that I have found useful…
Read more at Becoming Human: Artificial Intelligence MagazineStatistics 101- Part 2- Probability Distributions, Types, and Applications
Definition of the probability distribution, different types of distributions, their explanation, and applications Photo by Naser Tamimi on Unsplash This article is in continuation of Statistics 101-P...
Read more at Towards AIFitting a Distribution to Data in R
Introduction The gamma distribution is a continuous probability distribution that is often used to model waiting times or other positively skewed data. It is a two-parameter distribution, where the sh...
Read more at R-bloggersDifferent Probability Distributions Part 2
Now we will see the Continuous variable distributions whereas in part 1 we saw the discrete distributions. In continuous distributions the point probability is equal to “0” and some of the…
Read more at Towards AIImportant Points About Binomial Distribution with Implementation
Part 5: Statistics Series Hello, welcome back to the statistics series. I know this is the statistics series for data science and I am talking about a probability distribution, which may sound odd to ...
Read more at Python in Plain EnglishProbability & Statistics for Beginners in Machine Learning: Part 3 — Probability Distribution
A probability distribution is the mathematical function through which the probability of occurrence of different possible outcomes in an experiment can be calculated. Some very common examples we can…...
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