{"product_id":"optimal-sequentially-planned-decision-procedures-lecture-notes-in-statistics-79-0387979085","title":"Optimal Sequentially Planned Decision Procedures (Lecture Notes in Statistics, 79)","description":"\u003cp\u003e\u003cstrong\u003eISBN:\u003c\/strong\u003e 0387979085\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eAuthor:\u003c\/strong\u003e Schmitz, Norbert\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eCondition:\u003c\/strong\u003e New\u003c\/p\u003e\u003cp\u003eLearning from experience, making decisions on the basis of the available information, and proceeding step by step to a desired goal are fundamental behavioural qualities of human beings. Nevertheless, it was not until the early 1940's that such a statistical theory - namely Sequential Analysis - was created, which allows us to investigate this kind of behaviour in a precise manner. A. Wald's famous sequential probability ratio test (SPRT; see example (1.8 turned out to have an enormous influence on the development of this theory. On the one hand, Wald's fundamental monograph \"Sequential Analysis\" ([Wa]*) is essentially centered around this test. On the other hand, important properties of the SPRT - e.g. Bayes optimality, minimax-properties, \"uniform\" optimality with respect to expected sample sizes - gave rise to the development of a general statistical decision theory. As a conse quence, the SPRT's played a dominating role in the further development of sequential analysis and, more generally, in theoretical statistics.\u003c\/p\u003e","brand":"Mia Karts","offers":[{"title":"Default Title","offer_id":51856021979424,"sku":"NEW0387979085","price":89.48,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0980\/7426\/3840\/files\/51lAGalRCUL.jpg?v=1781545409","url":"https:\/\/miakarts.com\/products\/optimal-sequentially-planned-decision-procedures-lecture-notes-in-statistics-79-0387979085","provider":"Miakarts Books","version":"1.0","type":"link"}