The massive superyacht Bayesian that sank off the coast of Italy on Monday won numerous awards for its sleek interior design — and was sold to its original owner for nearly $40 million. The luxury ...

What’s often misunderstood about Google’s incrementality testing and how Bayesian models use probability to guide better decisions.

A superyacht named the Bayesian sank off the coast of Sicily on August 19, 2024. There were thought to be 22 people on board when the ship went down, including tech tycoon Mike Lynch. The tragedy has ...

One person died and six people were missing after a luxury yacht sank Monday in Italy off the coast of Palermo, the capital of Sicily, after a sudden storm hit the area, according to Italy's coast ...

Prosecutors are looking into the actions of two other crew members in connection with the sinking of the luxury yacht Bayesian, which caused the deaths of seven people. By Elisabetta Povoledo ...

The sinking of tech billionaire Mike Lynch’s yacht in a freak storm off the Sicilian coast last week certainly has to rank among the most bizarre fatal celebrity accidents in years. There was the ...

In a world of uncertainty and shifting narratives, this post proposes a new model for investing: Bayesian edge investing. Unlike modern portfolio theory, which assumes equilibrium and perfect ...

It is well known that standard frequentist inference breaks down in IV regressions with weak instruments. Bayesian inference with diffuse priors suffers from the same problem. We show that the issue ...

Learn how prior probability informs economic theory and decision-making in Bayesian statistics. Understand its role before collecting new data.