Statistics and probability theory forms the foundation for the quantification of knowledge and the utilization of this knowledge for the purpose of supporting decision making. In the foregoing chapters all the prerequisites have been established for the modeling and assessment of the probabilities which are required in order to assess the risks. In the present and final chapter of this book the basic decision analysis framework and the fundamental techniques are presented which facilitates that risk may be utilized for …
Publisher | Springer |
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Number of pages | 143 |
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Publication status | Published - 2012 |
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Externally published | Yes |
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Series | Statistics and Probability Theory |
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