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