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Bayesian Analysis with Python

Bayesian Analysis with Python

By : Osvaldo Martin
3.2 (17)
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Bayesian Analysis with Python

Bayesian Analysis with Python

3.2 (17)
By: Osvaldo Martin

Overview of this book

The second edition of Bayesian Analysis with Python is an introduction to the main concepts of applied Bayesian inference and its practical implementation in Python using PyMC3, a state-of-the-art probabilistic programming library, and ArviZ, a new library for exploratory analysis of Bayesian models. The main concepts of Bayesian statistics are covered using a practical and computational approach. Synthetic and real data sets are used to introduce several types of models, such as generalized linear models for regression and classification, mixture models, hierarchical models, and Gaussian processes, among others. By the end of the book, you will have a working knowledge of probabilistic modeling and you will be able to design and implement Bayesian models for your own data science problems. After reading the book you will be better prepared to delve into more advanced material or specialized statistical modeling if you need to.
Table of Contents (11 chapters)
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9
Where To Go Next?

Polynomial regression

I hope you are excited about the skills you have learned about so far in this chapter. Now, we are going to learn how to fit curves using linear regression. One way to fit curves using a linear regression model is by building a polynomial, like this:

If we pay attention, we can see that the simple linear model is hidden in this polynomial. To uncover it, all we need to do is to make all the coefficients higher than one exactly zero. Then, we will get:

Polynomial regression is still linear regression; the linearity in the model is related to how the parameters enter the model, not the variables. Let's try building a polynomial regression of degree 2:

The third term controls the curvature of the relationship.

As a dataset, we are going to use the second group of the Anscombe quartet:

x_2 = ans[ans.group == 'II']['x'].values
y_2 ...
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