Title
DecisionMaking under Uncertainty: An Applied Statistics Approach,Used
Delivery time: 8-12 business days (International)
In reallife decisionmaking situations it is necessary to make decisions with incomplete information, for oftentimes uncertain results. In DecisionMaking Under Uncertainty, Dr. Chacko applies his years of statistical research and experience to the analysis of twentyfour reallife decisionmaking situations, both those with few data points (eg: Cuban Missile Crisis), and many data points (eg: aspirin for heart attack prevention). These situations encompass decisionmaking in a variety of business, social and political, physical and biological, and military environments. Though different, all of these have one characteristic in common: their outcomes are uncertain/unkown, and unknowable. Chacko Demonstrates how the decisionmaker can reduce uncertainty by choosing probable outcomes using the statistical methods he introduces.This detailed volume develops standard statistical concepts (t, x2, normal distribution, ANOVA), and the less familiar concepts (logical probability, subjective probability, Bayesian Inference, Penalty for NonFulfillment, BluffThreats Matrix, etc.). Chacko also offers a thorough discussion of the underlying theoretical principles. The end of each chapter contains a set of questions, three quarters of which focus on concepts, formulation, conclusion, resource commitments, and caveats; only one quarter with computations. Ideal for the practitioner, the work is also designed to serve as the primary text for graduate or advanced undergraduate courses in statistics and decision science.
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Shipping & Returns
Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
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Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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Your payment information is processed securely. We do not store credit card details nor have access to your credit card information.
We accept payments with :
Visa, MasterCard, American Express, Paypal, Shopify Payments, Shop Pay and more.