Personally, MLE I see as just an approximation of MAP - which is superior. Biased vs unbiased also doesn't play into probability theory as logic, except as a consequence of those parameters that maximize the posterior.
1 karma · joined November 25, 2014
Personally, MLE I see as just an approximation of MAP - which is superior. Biased vs unbiased also doesn't play into probability theory as logic, except as a consequence of those parameters that maximize the posterior.
Lot's of good criticisms in this thread, which I'll have to look at. This one, however, is not. :) how many intro stats book, of the traditional kind, mention MLE, method of moments, biased vs unbiased estimators, etc...? None that I've seen. So, you're right, it becomes more "cookbooky" as a result, however, I would argue that all Bayes analysis follows the same recipe, whereas frequentist analysis typically follows many recipes - not obviously connected. It is that part that I criticize, not the fact that there is a recipe for doing things.