Strategic Economic Decision-Making Using Bayesian Belief Networks to Solve Complex Problems /

Strategic Economic Decision-Making: Using Bayesian Belief Networks to Solve Complex Problems is a quick primer on the topic that introduces readers to the basic complexities and nuances associated with learning Bayes theory and inverse probability for the first time. This brief is meant for non-sta...

Full description

Bibliographic Details
Main Author: Grover, Jeff. (Author)
Corporate Author: SpringerLink (Online service)
Format: Electronic
Language:English
Published: New York, NY : Springer New York : Imprint: Springer, 2013.
Series:SpringerBriefs in Statistics, 9
Subjects:
Online Access:https://ezaccess.library.uitm.edu.my/login?url=http://dx.doi.org/10.1007/978-1-4614-6040-4
Description
Summary:Strategic Economic Decision-Making: Using Bayesian Belief Networks to Solve Complex Problems is a quick primer on the topic that introduces readers to the basic complexities and nuances associated with learning Bayes theory and inverse probability for the first time. This brief is meant for non-statisticians who are unfamiliar with Bayes theorem,�walking�them through the theoretical phases of set and sample set selection, the axioms of probability, probability theory as it pertains to Bayes theorem, and posterior probabilities. All of these concepts are explained as they appear in the methodology of fitting a Bayes model, and upon completion of the text readers will be able to mathematically determine posterior probabilities of multiple independent nodes across any system available for study.� Very little has been published in the area of discrete Bayes theory, and this brief will appeal to non-statisticians conducting research in the fields of engineering, computing, life sciences, and social sciences.����
Physical Description:XI, 116 p. 35 illus., 22 illus. in color. online resource.
ISBN:9781461460404
ISSN:2191-544X ;