Stan (probabilistic programming)

Stan is a software platform designed for statistical modeling and data analysis using probabilistic programming. It allows researchers to specify complex models that describe how data is generated and then uses advanced algorithms to estimate model parameters. Think of it as a tool that helps translate real-world uncertainties into mathematical formulas, enabling precise inference about unknown quantities. Stan is widely used in fields like economics, biology, and social sciences to draw insights from data, providing a rigorous way to quantify uncertainty and make data-driven decisions.