Tagged Questions

2
votes
1answer
259 views

What is the difference between “priors” and “likelihood”?

I have been reading some papers regarding statistics and I seem to be confusing the terms priors and likelihood. Would it be possible to explain the difference between the two terms? I am interested ...
13
votes
5answers
1k views

Is a vague prior the same as a non-informative prior?

This is a question about terminology. Is a "vague prior" the same as a non-informative prior, or is there some difference between the two? My impression is that they are same (from looking up vague ...