Learning Bayesian Statistics

#69 Why, When & How to use Bayes Factors, with Jorge Tendeiro

Oct 5, 2022
Ask episode
AI Snips
Chapters
Transcript
Episode notes
ANECDOTE

Bayesian Conversion

  • Jorge Tendeiro's interest in Bayesian statistics grew after Richard Morey joined his department.
  • Morey's explanations planted the seed, but Tendeiro only adopted Bayesian methods a year later, driven by dissatisfaction with frequentist approaches.
INSIGHT

Bayes Factor vs. Posterior Odds

  • Researchers often misinterpret Bayes Factors as posterior odds, especially when prior model odds aren't explicitly stated as equal.
  • This confusion arises from the equivalence of the two only when prior odds are one.
ADVICE

Clarifying Prior Odds

  • Explicitly state prior odds in research papers using Bayes Factors.
  • This clarifies interpretations and avoids confusion with posterior odds.
Get the Snipd Podcast app to discover more snips from this episode
Get the app