Sunday, May 19, 2019

Bayesian Paradigm

At that point the Marketing Analyst spoke up and mention that the process being used to determine the afore mentioned probabilities was called the Bayesian or Bayes’ Analysis (or Paradigm).  He mentions that this is a good process to use to discover the probabilities of different business functions and/or customer behaviors based on the data provided.  Also, as a basketball organization this paradigm could help in the game.  It can help find the spots and shots that we are most probable to make, while also helping us to scout opponents and expose their tendencies.

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