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Subjective Statistical Methods

Subjective Statistical Methods

Hardcover

Series: Wiley Probability and Statistics, Book 315

Probability & Statistics

ISBN10: 0471143294
ISBN13: 9780471143291
Publisher: John Wiley & Sons
Published: Sep 13 1996
Pages: 512
Weight: 1.99
Height: 1.12 Width: 6.44 Depth: 9.48
Language: English
The mathematical implications of personal beliefs and values inscience and commerce

Amid a worldwide resurgence of interest in subjectivist statisticalmethod, this book offers a fresh look at the role of personaljudgments in statistical analysis. Frank Lad demonstrates howphilosophical attention to meaning provides a sensible assessmentof the prospects and procedures of empirical inferentiallearning.

Operational Subjective Statistical Methods offers a systematicinvestigation of Bruno de Finetti's theory of probability and logicof uncertainty, which recognizes probability as the measure ofpersonal uncertainty at the heart of its mathematical presentation.It identifies de Finetti's fundamental theorem of coherentprovision as the unifying structure of probabilistic logic, andhighlights the judgment of exchangeability rather than causalindependence as the key probabilistic component of statisticalinference.

Broad in scope, yet firmly grounded in mathematical detail, thistext/reference

Invites readers to address the subjective personalist meaning ofprobability as motivating the mathematical construction

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Probability & Statistics