Apr 17, 2024

Predictive Power Unleashed by MIT’s Advanced Bayesian Optimization

Posted by in categories: information science, physics, space

An easy-to-use technique could assist everyone from economists to sports analysts.

Pollsters trying to predict presidential election results and physicists searching for distant exoplanets have at least one thing in common: They often use a tried-and-true scientific technique called Bayesian inference.

Bayesian inference allows these scientists to effectively estimate some unknown parameter — like the winner of an election — from data such as poll results. But Bayesian inference can be slow, sometimes consuming weeks or even months of computation time or requiring a researcher to spend hours deriving tedious equations by hand.

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