BITESIZE | Understanding Simulation-Based Calibration, with Teemu Säilynoja
Learning Bayesian Statistics
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Mastering Simulation-Based Calibration
This chapter explores the nuances of Simulation-Based Calibration (SBC) in statistical modeling, emphasizing the role of prior and posterior specifications. It discusses practical implementations using tools like Stan and PyMC, while highlighting the advantages of posterior SBC and addressing challenges in its computational demands.
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