Bayesian

Introduction to Bayesian Statistics in Finance

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Introduction to Bayesian Statistics in Finance

This post is intended to be the first of a multi-part series on Bayesian statistics and methods in quantitative finance. My write up here is a short introductory post that went rogue. Motivation I must confess that when I first encountered the Bayesian approach to inferential statistics in my formal education, it was tough going. … Read more

Bayesian Inference Methods and Equation Explained with Examples

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Bayesian Inference Methods and Equation Explained with Examples

By Vivek Krishnamoorthy This post on Bayesian inference is the second of a multi-part series on Bayesian statistics and methods used in quantitative finance. In my previous post, I gave a leisurely introduction to Bayesian statistics and while doing so distinguished between the frequentist and the Bayesian outlook of the world. I dwelt on how each … Read more