Stan (Statistical Modeling)

Stan is a powerful software tool used by statisticians and data scientists to create complex mathematical models that analyze and interpret data. It employs advanced methods, like Bayesian inference, to estimate probabilities and understand uncertainty in predictions. Think of it as a sophisticated calculator that, given data and assumptions, helps uncover underlying patterns and inform decision-making. Stan is flexible and efficient, making it suitable for a wide range of applications, from scientific research to policy analysis. Overall, it enables precise, data-driven insights while accounting for uncertainty and variability in real-world information.