statistical decision rule

statistical decision rule
Genetics & Cytology
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  • Admissible decision rule — In classical (frequentist) decision theory, an admissible decision rule is a rule for making a decision that is better than any other rule that may compete with it, in a specific sense defined below. Generally speaking, in most decision problems… …   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

  • 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

  • Statistical hypothesis testing — This article is about frequentist hypothesis testing which is taught in introductory statistics. For Bayesian hypothesis testing, see Bayesian inference. A statistical hypothesis test is a method of making decisions using data, whether from a… …   Wikipedia

  • Statistical classification — See also: Pattern recognition See also: Classification test In machine learning, statistical classification is the problem of identifying the sub population to which new observations belong, where the identity of the sub population is unknown, on …   Wikipedia

  • 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

  • Statistical murder — When a business or regulator uses limited funds to take an action that saves a limited number of lives, instead of an alternative action that would save more lives, this decision is sometimes called statistical murder. This phrase is currently… …   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

  • 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

  • Info-gap decision theory — is a non probabilistic decision theory that seeks to optimize robustness to failure – or opportuneness for windfall – under severe uncertainty,[1][2] in particular applying sensitivity analysis of the stability radius type[3] to perturbations in… …   Wikipedia

  • Net capital rule — The uniform net capital rule is a rule created by the U.S. Securities and Exchange Commission ( SEC ) in 1975 to regulate directly the ability of broker dealers to meet their financial obligations to customers and other creditors.[1] Broker… …   Wikipedia

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