Description: About this Item The item is a book Hardback The Author Name is Nicholas T. Longford The Title is Statistics for Making Decisions Condition New Other Comments Edition Number - 0001. Pages Count - 310. Binding type - Hardcover. Content Language - English Category - MATHEMATICS / Probability & Statistics / Bayesian Analysis Product Description - Making decisions is a ubiquitous mental activity in our private and professional or public lives. It entails choosing one course of action from an available shortlist of options. Statistics for Making Decisions places decision making at the centre of statistical inference, proposing its theory as a new paradigm for statistical practice. The analysis in this paradigm is earnest about prior information and the consequences of the various kinds of errors that may be committed. Its conclusion is a course of action tailored to the perspective of the specific client or sponsor of the analysis. The author's intention is a wholesale replacement of hypothesis testing, indicting it with the argument that it has no means of incorporating the consequences of errors which self-evidently matter to the client. The volume appeals to the analyst who deals with the simplest statistical problems of comparing two samples which one has a greater mean or variance, or deciding whether a parameter is positive or negative. It combines highlighting the deficiencies of hypothesis testing with promoting a principled solution based on the idea of a currency for error, of which we want to spend as little as possible. This is implemented by selecting the option for which the expected loss is smallest the Bayes rule. The price to pay is the need for a more detailed description of the options, and eliciting and quantifying the consequences ramifications of the errors. This is what our clients do informally and often inexpertly after receiving outputs of the analysis in an established format, such as the verdict of a hypothesis test or an estimate and its standard error. As a scientific discipline and profession, statistics has a potential to do this much better and deliver to the client a more complete and more relevant product. Nicholas T. Longford is a senior statistician at Imperial College, London, specialising in statistical methods for neonatal medicine. His interests include causal analysis of observational studies, decision theory, and the contest of modelling and design in data analysis. His longer-term appointments in the past include Educational Testing Service, Princeton, NJ, USA, de Montfort University, Leicester, England, and directorship of SNTL, a statistics research and consulting company. He is the author of over 100 journal articles and six other monographs on a variety of topics in applied statistics. We Use Stock Images Because we have over 2 million items for sale we have to use stock images, this listing does not include the actual image of the item for sale. The purchase of this specific item is made with the understanding that the image shown in this listing is a stock image and not the actual item for sale. For example: some of our stock images include stickers, labels, price tags, hyper stickers, obi's, promotional messages, signatures and or writing which may not be available in the actual item. When possible we will add details of the items we are selling to help buyers know what is included in the item for sale. The details are provided automatically from our central master database and can sometimes be wrong. Books are released in many editions and variations, such as standard edition, re-issue, not for sale, promotional, special edition, limited edition, and many other editions and versions. The Book you receive could be any of these editions or variations. If you are looking for a specific edition or version please contact us to verify what we are selling. Gift IdeasThis is a great Christmas gift idea. Hours of ServiceWe have many warehouses, some of the warehouses process orders seven days a week, but the Administration Support Staff are located at a head office location, outside of the warehouses, and typically work only Monday to Friday. Location ID 555z iHaveit SKU ID 163428377
Price: 173.46 GBP
Location: GB
End Time: 2025-01-14T18:20:24.000Z
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Fiction/Non-Fiction: Non-Fiction
Genre/Subject: MATHEMATICS / Probability Statistics / Bayesian Analysis
Brand: Taylor & Francis Ltd
Weight: 0.61
Style: NA
Title: Statistics for Making Decisions
Release Title: Statistics for Making Decisions
Record Grading: New
Sleeve Grading: New
Platform: NA
Size: NA
Film/TV Title: Statistics for Making Decisions
Colour: NA
Material: NA
Department: NA
Binding Type: Hardcover
Item Length: 233.93
Main Stone: NA
Metal Purity: NA
Metal: NA
Connectivity: NA
Model: NA
Item Height: 234 mm
Item Width: 156 mm
Author: Nicholas T. Longford
Publication Name: Statistics for Making Decisions
Format: Hardcover
Language: English
Publisher: Taylor & Francis LTD
Subject: Mathematics
Publication Year: 2021
Type: Textbook
Item Weight: 576 g
Number of Pages: 291 Pages
