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portada Statistical Decision Theory Springerbriefs in Statistics
Type
Physical Book
Publisher
Author
Language
English
Format
Paperback
ISBN13
9783642404320

Statistical Decision Theory Springerbriefs in Statistics

Nicholas T. Longford (Author) · Springer · Paperback

Statistical Decision Theory Springerbriefs in Statistics - Nicholas T. Longford

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Synopsis "Statistical Decision Theory Springerbriefs in Statistics "

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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