09727 - Statistical Decision Theory

Academic Year 2009/2010

  • Docente: Paola Monari
  • Credits: 5
  • SSD: SECS-S/01
  • Language: Italian
  • Teaching Mode: Traditional lectures
  • Campus: Bologna
  • Corso: Second cycle degree programme (LM) in STATISTICAL SCIENCES (cod. 8055)

Course contents

  •  The problem of decision under uncertainty
  • Decision trees: simple and complex decision trees
  • Statistical inference: tests of significance as sequential decision procedures; testing hypotheses; the likelihood principle and optional stopping
  • Conditional probability and Bayes' theorem
  • Assessment of utilities: utility function
  • Terminal analysis: opportunity loss and the value of perfect information
  • Case studies

Readings/Bibliography

  • J. W. Pratt, H. Raiffa, R. Schlaifer, 1996, Introduction to statistical decision theory, MIT Press, Massachussets (sections 1, 4, 6, 10,12, 20)
  • P. H. Garthwaite et al., 2002 (2nd edition), Statistical inference, Oxford University Press, Oxford
  • Teacher's notes

Teaching methods

  • Classrooms
  • Seminars

Assessment methods

Oral exam

Teaching tools

Classrooms and seminars

Office hours

See the website of Paola Monari