ENGLISH

Statistical Decision Theory

By Nicholas T. Longford (auth.)

Book information

Publisher
Springer-Verlag Berlin Heidelberg
Year
2013
ISBN
978-3-642-40432-0, 978-3-642-40433-7
DOI
10.1007/978-3-642-40433-7
Language
english
Format
PDF
Filesize
2 MB (2041760 bytes)
Series
SpringerBriefs in Statistics
Edition
1
Pages
124\126
Time added
2013-10-31 03:56:25
generalStatistics

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 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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