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Bayesian Analysis with Python

Packt Publishing

Summary

Price
£33.58 inc VAT
Study method
Online
Duration
Self-paced
Qualification
No formal qualification

Overview

Book Description

The purpose of this book is to teach the main concepts of Bayesian data analysis. We will learn how to effectively use PyMC3, a Python library for probabilistic programming, to perform Bayesian parameter estimation, to check models and validate them. This book begins presenting the key concepts of the Bayesian framework and the main advantages of this approach from a practical point of view. Moving on, we will explore the power and flexibility of generalized linear models and how to adapt them to a wide array of problems, including regression and classification. We will also look into mixture models and clustering data, and we will finish with advanced topics like non-parametrics models and Gaussian processes. With the help of Python and PyMC3 you will learn to implement, check and expand Bayesian models to solve data analysis problems.

Description

What You Will Learn

  • Understand the essentials Bayesian concepts from a practical point of view
  • Learn how to build probabilistic models using the Python library PyMC3
  • Acquire the skills to sanity-check your models and modify them if necessary
  • Add structure to your models and get the advantages of hierarchical models
  • Find out how different models can be used to answer different data analysis questions
  • When in doubt, learn to choose between alternative models.
  • Predict continuous target outcomes using regression analysis or assign classes using logistic and softmax regression.
  • Learn how to think probabilistically and unleash the power and flexibility of the Bayesian framework

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