Introduction to Statistical Modelling and Inference

by Murray Aitkin

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Description

The complexity of large-scale data sets (“Big Data”) has stimulated the development of advanced computational methods for analysing them. There are two different kinds of methods to aid this. The model-based method uses probability models and likelihood and Bayesian theory, while the model-free method does not require a probability model, likelihood or Bayesian theory. These two approaches are based on different philosophical principles of probability theory, espoused by the famous statisticians