Statistical Decision Theory / Nicholas T. Longford.
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)...
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| Main Author: | |
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| Format: | Ebook |
| Language: | English |
| Published: |
Heidelberg :
Springer,
2013.
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| Series: | SpringerBriefs in statistics,
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| Subjects: | |
| Online Access: | Springer eBooks |
| Summary: | 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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| Physical Description: | 1 online resource (x, 124 pages) : illustrations. |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: | 3642404324 9783642404320 3642404340 9783642404344 3642404332 9783642404337 |
| ISSN: | 2191-544X |