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Subjective Statistical Methods Frank Lad

Subjective Statistical Methods

Frank Lad

Published September 13th 1996
ISBN : 9780471143291
Hardcover
512 pages
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 About the Book 

The first book to present Bruno de Finettis theory of probability and logic of uncertainty in a systematic format. The author identifies de Finettis fundamental theorem of coherent prevision as the unifying structure of probabilistic logic,MoreThe first book to present Bruno de Finettis theory of probability and logic of uncertainty in a systematic format. The author identifies de Finettis fundamental theorem of coherent prevision as the unifying structure of probabilistic logic, highlighting the judgment of exchangeability rather than causal independence as the key probabilistic component of statistical inference. Throughout the text, readers are invited to address the subjective personalistic meaning of probability as motivating the mathematical construction. Philosophical attention to meaning is shown to support a difference approach to statistical practice that is widely prevalent today. Includes numerous examples, problems, and illustrations to facilitate understanding.