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Statistical Decision Theory - a book by Longford, Nicholas Tibor

Statistical Decision Theory

Statistical Decision Theory( )
Author: Longford, Nicholas Tibor
Series title:SpringerBriefs in Statistics Ser.
ISBN:978-3-642-40432-0
Publication Date:Oct 2013
Publisher:Springer
Book Format:Paperback
List Price:USD $54.99
Book Description:

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...
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Book Details
Pages:124
Detailed Subjects: Business & Economics / Statistics
Physical Dimensions (W X L X H):6.045 x 9.165 x 0.113 Inches
Book Weight:0.482 Pounds

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