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A trade-off between how well the model fits
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the data and the tractability of inference
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approximating
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posterior
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distribution
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true
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posterior
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distribution
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new
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objective
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function
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How
well the model
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fits the
data
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The
inaccuracy
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of inference
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This makes it feasible to fit very
complicated models, but
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the approximations that are
tractable may be very poor.
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