Introduction to Bayesian Analysis in Python [Video]

Introduction to Bayesian Analysis in Python [Video]

Sunil Gupta

This course focuses on the application of relevant Bayesian techniques
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Video Description

Bayesian statistics is an effective tool for solving some inference problems when the available sample is too small for more complex statistical analysis to be applied. This course teaches the main concepts of Bayesian data analysis. It focuses on how to effectively use PyMC3, a Python library for probabilistic programming, to perform Bayesian parameter estimation, model checking, and validation.

The course introduces the framework of Bayesian Analysis. Complex mathematical theory will be sidestepped in favor of a more pragmatic approach, featuring computational methods implemented in the Python library PyMC3. We present several instances of analysis scenarios.

All the codes of the course are uploaded on the Github repository: https://github.com/PacktPublishing/-Introduction-to-Bayesian-Analysis-in-Python

Style and Approach

The user is expected to know basic Python programming. Knowledge of scientific Python packages such as NumPy, SciPy, Matplotlib, Seaborn, and Pandas is a plus but not mandatory. However, a basic understanding of probability is necessary to grasp the fundamentals of the Bayesian framework. Familiarity with the notion of random variables and distributions will enable you to follow along with the course.

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What You Will Learn

  • Understand the essentials Bayesian concepts from a practical point of view
  • Learn how to build probabilistic models using the Python library PyMC3
  • Acquire the skills to sanity-check your models and modify them if necessary
  • Implement parametric models for your generalized linear models
  • Add structure to your models and get the advantages of hierarchical models
  • Find out how different models can be used to answer different data analysis questions 
  • Learn how to think probabilistically and unleash the power and flexibility of the Bayesian framework

Authors

Video Details

ISBN 139781788997010
Course Length1 hours 10 minutes
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