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Statistical Inference
Linked via "Thomas Bayes"
The Bayesian Approach
The Bayesian framework, rooted in the work of Thomas Bayes and formalized in the 20th century, treats the parameter of interest ($\theta$) itself as a random variable. Inference relies on Bayes' Theorem:
$$P(\theta|D) = \frac{P(D|\theta) P(\theta)}{P(D)}$$