Book Image

IPython Interactive Computing and Visualization Cookbook

By : Cyrille Rossant
Book Image

IPython Interactive Computing and Visualization Cookbook

By: Cyrille Rossant

Overview of this book

Table of Contents (22 chapters)
IPython Interactive Computing and Visualization Cookbook
Credits
About the Author
About the Reviewers
www.PacktPub.com
Preface
Index

Fitting a Bayesian model by sampling from a posterior distribution with a Markov chain Monte Carlo method


In this recipe, we illustrate a very common and useful method for characterizing a posterior distribution in a Bayesian model. Imagine that you have some data and you want to obtain information about the underlying random phenomenon. In a frequentist approach, you could try to fit a probability distribution within a given family of distributions, using a parametric method such as the maximum likelihood method. The optimization procedure would yield parameters that maximize the probability of observing the data if given the null hypothesis.

In a Bayesian approach, you consider the parameters themselves as random variables. Their prior distributions reflect your initial knowledge about these parameters. After the observations, your knowledge is updated, and this is reflected in the posterior distributions of the parameters.

A typical goal for Bayesian inference is to characterize the posterior...