Bayesian A/b Decision Models

J Christopher Westland

Format
Hardback
Publisher
World Scientific Publishing Co Pte Ltd
Country
SG
Published
27 March 2025
Pages
280
ISBN
9789819802036

Bayesian A/b Decision Models

J Christopher Westland

Bayesian A/B Decision Models encapsulates J Christopher Westland's deep expertise in algorithmic decision-making, honed through years of experience in specialized fields like auditing and serving as an expert witness in computing damages for corporate and industrial legal cases. While traditional statistical methods provide valuable insights, they often fall short of capturing the complexities of real-world scenarios that require sophisticated decision-making. Enter the Bayesian A/B decision model - a powerful alternative that offers the flexibility and adaptability essential for navigating the intricate demands of consultancy and legal expert roles.Westland has found the versatility of Bayesian A/B models to be particularly transformative, enabling him to respond effectively to diverse and dynamic requests for detailed analytical reports. This approach allows for the delivery of precise financial analyses and outcomes that are highly tailored and often beyond the reach of traditional methods. In the high-stakes arenas of legal and corporate deliberations, where the accuracy and adaptability of statistical analysis can be the tipping point, this advantage has proven invaluable.In Bayesian A/B Decision Models, Westland extends the application of Bayesian A/B testing across a wide array of fields, including healthcare, marketing, and finance, as well as in more specialized sectors where traditional A/B testing and Frequentist approaches may be insufficient due to their limitations. The book features a comprehensive technical appendix with complete computer code for all examples discussed, offering readers practical tools that can be customized and implemented in their work.Whether you're an experienced statistician, an emerging analyst, or a professional exploring the potential of Bayesian A/B testing, this book provides a thorough overview and detailed applications that highlight the unique benefits of this innovative statistical approach.

Order online and we’ll ship when available (27 March 2025)

Our stock data is updated periodically, and availability may change throughout the day for in-demand items. Please call the relevant shop for the most current stock information. Prices are subject to change without notice.

Sign in or become a Readings Member to add this title to a wishlist.