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Statistical Modeling and Applications on Real-Time Problems: Unraveling Insights Through Advanced Analytical Techniques
Hardcover
Series: Mathematical Engineering, Manufacturing, and Management Scie
ISBN13: 9781032392783
Publisher: CRC Press
Published: Jun 6 2024
Pages: 232
Weight: 1.16
Height: 0.63 Width: 6.14 Depth: 9.21
Language: English
In an era dominated by mathematical and statistical models, this book unravels the profound significance of these tools in decoding uncertainties within numerical, observational, and calculation-based data. From governmental institutions to private entities, statistical prediction models provide a critical framework for optimal decision-making, offering nuanced insights into diverse realms, from climate to production and beyond.
This book
-Serves as a comprehensive resource in statistical modeling, methodologies, and optimization techniques across various domains.
-Features contributions from global authors; the compilation comprises 10 insightful chapters, each addressing critical aspects of estimation and optimization through statistical modeling.
-Covers a spectrum of topics, from non-parametric goodness-of-fit statistics to Bayesian applications; the book explores novel resampling methods, advanced measures for empirical mode, and transient behavior analysis in queueing systems.
-Includes asymptotic properties of goodness-of-fit statistics, practical applications of Bayesian Statistics, modifications to the Hard EM algorithm, and explicit transient probabilities.
-Culminates with an exploration of an inventory model for perishable items, integrating preservation technology and learning effects to determine the economic order quantity.
This book stands as a testament to global collaboration, offering a rich tapestry of commendable statistical and mathematical modeling alongside real-world problem-solving. It is poised to ignite further exploration, discussion, and innovation in the realms of statistical modeling and optimization.
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