Understanding Uncertainty

Nonfiction, Science & Nature, Mathematics, Probability, Science, Other Sciences, Applied Sciences, Statistics
Cover of the book Understanding Uncertainty by Dennis V. Lindley, Wiley
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Author: Dennis V. Lindley ISBN: 9781118650233
Publisher: Wiley Publication: November 26, 2013
Imprint: Wiley Language: English
Author: Dennis V. Lindley
ISBN: 9781118650233
Publisher: Wiley
Publication: November 26, 2013
Imprint: Wiley
Language: English

Praise for the First Edition

"...a reference for everyone who is interested in knowing and handling uncertainty."
Journal of Applied Statistics

The critically acclaimed First Edition of Understanding Uncertainty provided a study of uncertainty addressed to scholars in all fields, showing that uncertainty could be measured by probability, and that probability obeyed three basic rules that enabled uncertainty to be handled sensibly in everyday life. These ideas were extended to embrace the scientific method and to show how decisions, containing an uncertain element, could be rationally made.

Featuring new material, the Revised Edition remains the go-to guide for uncertainty and decision making, providing further applications at an accessible level including:

  • A critical study of transitivity, a basic concept in probability
  • A discussion of how the failure of the financial sector to use the proper approach to uncertainty may have contributed to the recent recession
  • A consideration of betting, showing that a bookmaker's odds are not expressions of probability
  • Applications of the book’s thesis to statistics
  • A demonstration that some techniques currently popular in statistics, like significance tests, may be unsound, even seriously misleading, because they violate the rules of probability

Understanding Uncertainty, Revised Edition is ideal for students studying probability or statistics and for anyone interested in one of the most fascinating and vibrant fields of study in contemporary science and mathematics.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Praise for the First Edition

"...a reference for everyone who is interested in knowing and handling uncertainty."
Journal of Applied Statistics

The critically acclaimed First Edition of Understanding Uncertainty provided a study of uncertainty addressed to scholars in all fields, showing that uncertainty could be measured by probability, and that probability obeyed three basic rules that enabled uncertainty to be handled sensibly in everyday life. These ideas were extended to embrace the scientific method and to show how decisions, containing an uncertain element, could be rationally made.

Featuring new material, the Revised Edition remains the go-to guide for uncertainty and decision making, providing further applications at an accessible level including:

Understanding Uncertainty, Revised Edition is ideal for students studying probability or statistics and for anyone interested in one of the most fascinating and vibrant fields of study in contemporary science and mathematics.

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