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Statistical Decisions by the Method of Minimum Risk: An Application

 

作者: R.Clay Sprowls,  

 

期刊: Journal of the American Statistical Association  (Taylor Available online 1950)
卷期: Volume 45, issue 250  

页码: 238-248

 

ISSN:0162-1459

 

年代: 1950

 

DOI:10.1080/01621459.1950.10483354

 

出版商: Taylor & Francis Group

 

数据来源: Taylor

 

摘要:

A. Wald's method of minimum risk is illustrated by a simple rule for deciding whether to adopt any recommended system for betting on race horses. A detailed example is given. Extensions to more realistic problems about horse betting and to more dignified risk opportunities such as quality control are suggested.

 

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