statistical decision-making theory

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• Decision making — For Decision making in groups, see Group decision making. Sample flowchart representing the decision process to add a new article to Wikipedia. Decision making can be regarded as the mental processes (cognitive process) resulting in the selection …   Wikipedia

• Consensus decision-making — is a group decision making process that seeks the consent, not necessarily the agreement, of participants and the resolution of objections. Consensus is defined by Merriam Webster as, first, general agreement, and second, group solidarity of… …   Wikipedia

• Decision theory — in economics, psychology, philosophy, mathematics, and statistics is concerned with identifying the values, uncertainties and other issues relevant in a given decision, its rationality, and the resulting optimal decision. It is closely related to …   Wikipedia

• Decision analysis — (DA) is the discipline comprising the philosophy, theory, methodology, and professional practice necessary to address important decisions in a formal manner. Decision analysis includes many procedures, methods, and tools for identifying, clearly… …   Wikipedia

• Statistical inference — In statistics, statistical inference is the process of drawing conclusions from data that are subject to random variation, for example, observational errors or sampling variation.[1] More substantially, the terms statistical inference,… …   Wikipedia

• Theory of conjoint measurement — The theory of conjoint measurement (also known as conjoint measurement or additive conjoint measurement) is a general, formal theory of continuous quantity. It was independently discovered by the French economist Gerard Debreu (1960) and by the… …   Wikipedia

• Decision support system — Example of a Decision Support System for John Day Reservoir. A decision support system (DSS) is a computer based information system that supports business or organizational decision making activities. DSSs serve the management, operations, and… …   Wikipedia

• Decision tree learning — This article is about decision trees in machine learning. For the use of the term in decision analysis, see Decision tree. Decision tree learning, used in statistics, data mining and machine learning, uses a decision tree as a predictive model… …   Wikipedia

• Decision Theory — An interdisciplinary approach to determine how decisions are made given unknown variables and an uncertain decision environment framework. Decision theory bring together psychology, statistics, philosophy and mathematics to analyze the decision… …   Investment dictionary

• Decision — A decision is the selection between possible actions. A choice is the selection between two or more objects. The term decision may refer to: Judgment (law), as the outcome of a legal case Decision (baseball), a statistical credit earned by a… …   Wikipedia

• Detection theory — Detection theory, or signal detection theory, is a means to quantify the ability to discern between signal and noise. According to the theory, there are a number of determiners of how a detecting system will detect a signal, and where its… …   Wikipedia