Sharon Bertsch McGrayne Famous Quotes
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Yet Laplace had built his probability theory on intuition. As far as he was concerned, "essentially, the theory of probability is nothing but good common sense reduced to mathematics. It provides an exact appreciation of what sound minds feel with a kind of instinct, frequently without being able to account for it.
The combination of Bayes and Markov Chain Monte Carlo has been called "arguably the most powerful mechanism ever created for processing data and knowledge."
Almost instantaneously MCMC and Gibbs sampling changed statisticians' entire method of attacking problems. In the words of Thomas Kuhn, it was a paradigm shift. MCMC solved real problems, used computer algorithms instead of theorems, and led statisticians and scientists into a worked where "exact" meant "simulated" and repetitive computer operations replaced mathematical equations. It was a quantum leap in statistics.
Many of Ronald A. Fisher's ideas were solutions to computational problems caused by the limitations of the era's desk calculators.