Bayesian Decision Analysis: Principles and Practice. Jim Q. Smith

Bayesian Decision Analysis: Principles and Practice



Download Bayesian Decision Analysis: Principles and Practice



Bayesian Decision Analysis: Principles and Practice Jim Q. Smith ebook pdf
Publisher: Cambridge University Press
Language: English
Page: 348
ISBN: 0521764548, 9780521764544

Review

"[L]et me stress that the design and the printing of the book are both of the highest quality, numerous tree graphs appearing seamlessly at the right place [making captions superfluous], different fonts making parts more coherent and so on. I thus hope it is obvious I strongly recommend reading the book to all involved in any level of decision management! Or teaching it."
Xi'an's Og Blog

"The preface explains that the book is intended as a course resource for mathematically sophisticated undergraduates and students in a statistics master's program. It would serve this purpose admirably and would be a very good reference book for all researchers in this field."
R. Bharath, emeritus, Northern Michigan University for Choice Magazine

Book Description

Real-world decisions involve numbers, but they also involve people. Bayesian decision analysis gives a principled framework for reconciling the two. This textbook explains how to use statistical theory, psychology and algorithms to guide decision makers so that they can marshal available evidence and defend their actions.



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