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Explain the difference between the frequentist and Bayesian approach to probability. How would you decide which approach to use in a given situation?
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Data Analyst
Marketer
General
Focus on the philosophical differences between these approaches and consider practical examples where prior beliefs or empirical frequencies would be more appropriate.
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Hard Difficulty
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Statistics question
Statistics questions assess your understanding of data analysis principles. Show your knowledge of probability, statistical inference, experimental design, and how you apply quantitative methods to interpret data and draw valid conclusions.