Lecture 18: Bayesian ANOVA Flashcards
What is the Bayes factor
Quantifies which model better supports the data than the other
What does it mean when the Bayes factor is 1
The models predict equally well, Bayes factor away from 1 means more evidence in favor of one hypothesis —> cannot be negative
Marginal likelihood
The average quality of a model’s prediction; how well a model predicts the data; how likely the data are under a certain model
What is the formula for Bayesian inference
P(theta|data)=p(theta) * p(data|theta)/p(data)
P(H1|data)/p(H0|data)=p(H1)/p(H0) * p(data|H1)/p(data|H0)
What part of the formula is the posterior beliefs about the world
P(theta|data)
What part of the formula is the prior beliefs about the world
P(theta)
What part of the formula is the predictive updating factor
P(data|theta)/p(data)