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Confidence, Likelihood, Probability

Name: Confidence, Likelihood, Probability
Brand: Cambridge University Press
SKU: 09310879
Price: 44104 HUF
Availability: InStock
Author: Tore Schweder
ISBN: 9780521861601

Tore Schweder

Nils Lid Hjort

Language

English

Book Hardback

Libristo code: 09310879

Publishers Cambridge University Press, February 2016

This lively book lays out a methodology of confidence distributions and puts them through their pace... Full description

Libristo code: 09310879

295 b

44 104 Ft

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This lively book lays out a methodology of confidence distributions and puts them through their paces. Among other merits, they lead to optimal combinations of confidence from different sources of information, and they can make complex models amenable to objective and indeed prior-free analysis for less subjectively inclined statisticians. The generous mixture of theory, illustrations, applications and exercises is suitable for statisticians at all levels of experience, as well as for data-oriented scientists. Some confidence distributions are less dispersed than their competitors. This concept leads to a theory of risk functions and comparisons for distributions of confidence. Neyman–Pearson type theorems leading to optimal confidence are developed and richly illustrated. Exact and optimal confidence distribution is the gold standard for inferred epistemic distributions. Confidence distributions and likelihood functions are intertwined, allowing prior distributions to be made part of the likelihood. Meta-analysis in likelihood terms is developed and taken beyond traditional methods, suiting it in particular to combining information across diverse data sources.