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A constructive response to the criticisms of using hypothesis testing for making decisions Integrating the context (the client’s perspective, value judgments, priorities and remits) in the analysis, combining it with sensitivity analysis that handles the uncertainty arising in elicitation of the context Treatment of the problems by elementary (analytical) methods Applications that illustrate the methods in their best light • Drawing on several publications in high-profile journals in applied statistics
A constructive response to the criticisms of using hypothesis testing for making decisions Integrating the context (the client’s perspective, value judgments,
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 sho
The frequency distribution; Descriptive measures: ungrouped data; Descriptive measures: grouped data; The probability calculus; Bayes'rule - revision of probabi
Examine and solve the common misconceptions and fallacies that non-statisticians bring to their interpretation of statistical results. Explore the many pitfalls
Textbook on statistical methods used in solving problems prior to decision making in management - covers problems of sampling, estimation, hypothesis testing, r
