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Decision Analysis (Chapman & Hall statistics texts) Book
This text provides an introduction to Bayesian decision analysis. It provides, for both the student and graduate of mathematical sciences, the tools by which to express and then solve the difficult decision problems that must be tackled in a business environment. The only prerequisite for using the book is an introductory course in probability and statistics such as is given to students of mathematics engineering, the physical sciences or economics. In order to emphasize the problem-solving aspects of decision analysis, the mathematical content has been kept to a minimum. On the other hand, however, there are occasions when the decision analyst must understand the underlying mathematics, as when selecting the timely use of an appropriate problem solving technique. In such cases the full … read more...
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