Sunday, April 13, 2014

The Boy Who Cried Wolf: A Bayesian Fairy Tale

When introducing Bayesian statistics to undergraduates, I have used the Monty Hall problem.  But it occurred to me last week that one of Aesop's Fables is also suited to the task.  Without further ado:

The Boy Who Cried Wolf: A Bayesian Fairy Tale

(This post is a link because Mathjax is better at displaying equations than blogger.com is.)