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Maximum Likelihood and Bayesian Inference (Week 8)

Topics

  • Likelihood definition
  • Maximum likelihood estimation
  • Bayes' theorem
  • Bayesian inference
  • Prior specification
  • Markov chain Monte Carlo (MCMC)

Reading

  • Yang

    • Chapter 4 (4.1, 4.3, 4.5, 4.6)
    • Chapter 6 (6.1-6.3)
    • Chapter 7 (all)
  • Selected readings on Moodle

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