Re:Bayesian Analysis of Normal Distributions with Python
by sergeyfeldman on Thursday August 01, 2013 @04:45PM
(#6143397)
We don't actually use Gaussian models for any of our Bayesian tests =). For continuous data, we use log-normal models, and the next blog post will be about how to make all that work.
And for intervals: yup, we just use sampling. But it's super fast because all you need are independent samples. For more details, see this first post:
The more interesting question, to me, is how you get credible intervals. I'm assuming you just MCMC 'em up, but it would be nice if there was a more computationally efficient trick.