Hi John, thanks for your reply. sorry my question was not complete. Looking at the loss function: 1. quadratic loss -> mean 2. absolute error loss -> median 3. all or nothing loss -> mode I do not get these 3 relations. Thanks again, SH
Apologies for the delay. I have been unwell. Essentially what we are doing is finding the result that minimises the expected loss. So we are doing: \(min \int (loss function) * (posterior PDF)\)
