Bayesian Inference: From World Cup To Financial Market

 The article was written by Hieu Nguyen, a Financial Analyst at I Know First.  


  • Basic Understanding about Bayes’ Theorem
  • Bayesian Inference and World Cup
  • Financial application of Bayesian inference
Bayes’ theorem and Bayesian inference has long been an interesting topic for all of the mathematician and data scientist. It seems to be a very difficult topic and difficult to apply in real world. However, this article will walk you through basic concepts of Bayesian inference and how it can be applied in both soccer and financial world.

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