Eclectic statistics

1 · Andrey Akinshin · Jan. 16, 2024, 4:33 p.m.
In the world of mathematical statistics, there is a constant confrontation between adepts of different paradigms. This is a constant source of confusion for many researchers who struggle to pick out the proper approach to follow. For example, how to choose between the frequentist and Bayesian approaches? Since these paradigms may produce inconsistent results (e.g., see Lindley’s paradox), some choice has to be made. The easiest way to conduct research is to pick a single paradigm and stick to it...