Have you ever wondered what is the difference between Frequentist and Bayesian statistics? In this tutorial we went over the basic concepts of both approaches using inference for a proportion as an example.
Frequentist vs Bayesian battle is one of the “hot” topics in the statistics world. In this post, we will go over the differences between Frequentist and Bayesian approaches using the hypothesis testing for a population proportion. Note that the goal is to introduce the idea of both approaches, rather than selecting "the best" one.