Naive Bayes The Naive Bayes Classifier is a classification technique inspired by Bayes Theorem, which states the following equation: Because of the naive assumption (hence the name) that variables are independen
1. Why is using Bayes theorem important to help answer business-related questions? 2. What does this theorem allow you to do that traditional statistics do not? 3. What are some prerequisites for using Bayesian statistics? Discuss how the calculation of the c...
1. Why is using Bayes theorem important to help answer business-related questions? 2. What does this theorem allow you to do that traditional statistics do not? 3. What are some prerequisites for using Bayesian statistics? 1. Expl...
What is the arbitrage pricing theory (APT) and what are its similarities and differences relative to the CAPM? 1. Why is using Bayes theorem important to help answer business-related questions? 2. What does this theorem allow you to do that traditional statistics do not? 3. What ...