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Statistical Decision Theory

Language EnglishEnglish
Book Paperback
Book Statistical Decision Theory Nicholas Tibor Longford
Libristo code: 02007050
Publishers Springer, Berlin, October 2013
This monograph presents a radical rethinking of how elementary inferences should be made in statisti... Full description
? points 132 b
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This monograph presents a radical rethinking of how elementary inferences should be made in statistics, implementing a comprehensive alternative to hypothesis testing in which the control of the probabilities of the errors is replaced by selecting the course of action (one of the available options) associated with the smallest expected loss.§Its strength is that the inferences are responsive to the elicited or declared consequences of the erroneous decisions, and so they can be closely tailored to the client s perspective, priorities, value judgments and other prior information, together with the uncertainty about them.§

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About the book

Full name Statistical Decision Theory
Author Nicholas Tibor Longford
Language English
Binding Book - Paperback
Date of issue 2013
Number of pages 124
EAN 9783642404320
ISBN 3642404324
Libristo code 02007050
Publishers Springer, Berlin
Weight 219
Dimensions 155 x 9 x 236

Categories

Mathematics & Science > Mathematics > Probability & statistics
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