|Richard Price, the first Bayesian. (National |
Library of Wales/Benjamin West)
The 18th-century minister and mathematician Richard Price is mostly forgotten to history. His close friend Thomas Bayes, also a minister and math nerd, is much better known, at least in statistics circles. Bayes’ fame is deserved. He developed one of the most important formulas in statistics, which has proven crucial to the fields of data science, machine learning, and artificial intelligence.