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612-822-4611
Uncertain Judgements

Uncertain Judgements

Hardcover

Series: Statistics in Practice, Book 35

Probability & Statistics

ISBN10: 0470029994
ISBN13: 9780470029992
Publisher: John Wiley & Sons
Published: Oct 1 2006
Pages: 340
Weight: 1.34
Height: 0.93 Width: 6.26 Depth: 9.04
Language: English
Elicitation is the process of extracting expert knowledge about some unknown quantity or quantities, and formulating that information as a probability distribution. Elicitation is important in situations, such as modelling the safety of nuclear installations or assessing the risk of terrorist attacks, where expert knowledge is essentially the only source of good information. It also plays a major role in other contexts by augmenting scarce observational data, through the use of Bayesian statistical methods. However, elicitation is not a simple task, and practitioners need to be aware of a wide range of research findings in order to elicit expert judgements accurately and reliably. Uncertain Judgements introduces the area, before guiding the reader through the study of appropriate elicitation methods, illustrated by a variety of multi-disciplinary examples.

This is achieved by:

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Probability & Statistics