3. Bayesian vs. Frequentist

Throughout the course, you’ll hear Professor Vidakovic use both “classical” and “frequentist” as catch-all terms for “not Bayesian.” Greg Ganderburger has a great series of posts on the differences between frequentist, likelihoodist, and Bayesian methods. I’m linking to the second post in the series for the great Venn diagram at the top, but I recommend the entire thing if you’re interested.

This Stack Exchange post, “What’s the difference between a confidence interval and a credible interval?”, also has some really good discussion about the topic. We will talk more about confidence intervals versus credible intervals in Unit 4.