Introduction to Statistical Modelling and Inference

The complexity of large-scale data sets (“Big Data”) has stimulated the development of advanced
computational methods for analysing them. There are two different kinds of methods to aid this. The
model-based method uses probability models and likelihood and Bayesian theory, while the model-free
method does not require a probability model, likelihood or Bayesian theory. These two approaches
are based on different philosophical principles of probability theory, espoused by the famous
statisti...