Alan Jessop Knihy

This book presents the most important ideas behind Bayes' Rule in a form suitable for the general reader.

Statistical advice is essential for managers facing business challenges and for students tackling projects in various fields. The book emphasizes the importance of flexible decision support tailored to the specific needs of users, depending on their existing knowledge of statistics and the complexity of the problems they encounter. It aims to bridge the gap between statistical theory and practical application, ensuring that both managers and students can effectively utilize statistical methods in their decision-making processes.