{"product_id":"probabilistic-machine-learning-for-finance-and-investing-a-primer-to-generative-ai-with-python-paperback","title":"Probabilistic Machine Learning for Finance and Investing: A Primer to Generative AI with Python - Paperback","description":"\u003cp\u003eby \u003cb\u003eDeepak K. Kanungo\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eThere are several reasons why probabilistic machine learning represents the next-generation ML framework and technology for finance and investing. This generative ensemble learns continually from small and noisy financial datasets while seamlessly enabling probabilistic inference, retrodiction, prediction, and counterfactual reasoning. Probabilistic ML also lets you systematically encode personal, empirical, and institutional knowledge into ML models. \u003c\/p\u003e\u003cp\u003e Whether they're based on academic theories or ML strategies, all financial models are subject to modeling errors that can be mitigated but not eliminated. Probabilistic ML systems treat uncertainties and errors of financial and investing systems as features, not bugs. And they quantify uncertainty generated from inexact inputs and outputs as probability distributions, not point estimates. This makes for realistic financial inferences and predictions that are useful for decision-making and risk management. \u003c\/p\u003e\u003cp\u003e Unlike conventional AI, these systems are capable of warning us when their inferences and predictions are no longer useful in the current market environment. By moving away from flawed statistical methodologies and a restrictive conventional view of probability as a limiting frequency, youﾃ ﾃ?ﾂ[ ll move toward an intuitive view of probability as logic within an axiomatic statistical framework that comprehensively and successfully quantifies uncertainty. This book shows you how.\u003c\/p\u003e\u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 264\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.7 x 9.1 x 6.9 IN\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eIllustrated:\u003c\/strong\u003e Yes\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e September 19, 2023\u003c\/div\u003e","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":51759068217632,"sku":"9781492097679","price":79.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0974\/9764\/5344\/files\/2d3c7fa662b05d2b805475caefe3724e.webp?v=1780141886","url":"https:\/\/ebocreations.com\/products\/probabilistic-machine-learning-for-finance-and-investing-a-primer-to-generative-ai-with-python-paperback","provider":"The E-Book Oasis LLC","version":"1.0","type":"link"}