{"podcast":{"title":"The Analytics Power Hour","slug":"the-analytics-power-hour-461338","podcast_index_feed_id":461338,"rss_url":"https://analyticshour.libsyn.com/rss","website_url":"https://analyticshour.io","image_url":"https://static.libsyn.com/p/assets/a/a/0/7/aa07ecfcf34bbc7fd959afa2a1bf1c87/Analytics_Power_Hour_2021_Logo.png","author":"Tim Wilson","episode_count":312,"summary":"Attend any conference for any topic and you will hear people saying after that the best and most informative discussions happened in the bar after the show. Read any business magazine and you will find an article saying something along the lines of \"Business Analytics is the hottest job category out there, and there is a significant lack of people, process and best practice.\" In this case the conference was eMetrics, the bar was….multiple, and the attendees were Michael Helbling, Tim Wilson and Jim Cain (Co-Host Emeritus). After a few pints and a few hours of discussion about the cutting edge of digital analytics, they realized they might have something to contribute back to the community. This podcast is one of those contributions. Each episode is a closed topic and an open forum - the goal is for listeners to enjoy listening to Michael, Tim, and Moe share their thoughts and experiences and hopefully take away something to try at work the next day. We hope you enjoy listening to the Digital Analytics Power Hour.","last_synced_at":"2026-07-07T14:22:38.009366+00:00","page_url":"https://stenobird.com/podcast/the-analytics-power-hour-461338"},"episode":{"title":"#285: Our Prior Is That Many Analysts Are Confounded by Bayesian Statistics","slug":"285-our-prior-is-that-many-analysts-are-confounded-by-bayesian-statistics","published_at":"2025-11-25T05:30:00+00:00","page_url":"https://stenobird.com/podcast/the-analytics-power-hour-461338/285-our-prior-is-that-many-analysts-are-confounded-by-bayesian-statistics","show_page_url":"https://stenobird.com/podcast/the-analytics-power-hour-461338","url":"https://analyticshour.io/2025/11/25/285-our-prior-is-that-many-analysts-are-confounded-by-bayesian-statistics/","audio_url":"https://traffic.libsyn.com/secure/analyticshour/APH_-_Episode_285_-_Our_Prior_Is_That_Many_Analysts_Are_Confounded_by_Bayesian_Statistics_with_Michael_Kaminsky.mp3?dest-id=239292","summary":"Before you listen to this episode, can you quantify how useful you expect it to be? That's a prior! And \"priors\" is a word that gets used a lot in this discussion with Michael Kaminsky as we try to demystify the world of Bayesian statistics. Luckily, you can just listen to the episode once and then update your expectation—no need to simulate listening to the show a few thousand times or crunch any numbers whatsoever. The most important takeaway is that you'll know you've achieved Bayesian clarity when you come to realize that human beings are naturally Bayesian, and the underlying principles behind Bayesian statistics are inherently intuitive. This episode's Measurement Bite from show sponsor Recast is a brief explanation of statistical significance (and why shorthanding it is problematic…and why confidence intervals are generally more practically useful in business than p-values) from Michael Kaminsky ! For complete show notes, including links to items mentioned in this episode and a transcript of the show, visit the show page .","meta_description":"Before you listen to this episode, can you quantify how useful you expect it to be? That's a prior! And \"priors\" is a word that gets used a lot in this di…","key_points":[],"chapters":[],"topics":[],"duration_seconds":3990,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-analytics-power-hour-461338/episodes/285-our-prior-is-that-many-analysts-are-confounded-by-bayesian-statistics/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/the-analytics-power-hour-461338/285-our-prior-is-that-many-analysts-are-confounded-by-bayesian-statistics.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}