Data, Models, and Decision Analysis

Author: Liu Wei
Publisher:
Publish Date: 2004-11-01
Features: This book comprehensively integrates important quantitative analysis courses in economics and management—statistics and operations research—systematically elaborating on their theories, methods, connections, and application characteristics. It introduces numerous examples and analyses. The entire book features a unique structure and style, as well as strong inspirational, practical, and operational value. Using quantitative analysis as the primary tool, the book combines fundamental statistical methods with core content from operations research to form a distinctive content system. The book first explains the basic ideas, methods, and application characteristics of statistics, such as estimation theory, testing concepts and methods, and the application of regression models. On this foundation, it introduces the basic content and main models of decision analysis, illustrating the main issues and processes encountered in practical applications through real-world cases. Some theoretical proofs are omitted, but detailed explanations are provided for certain easily confusing topics. This book can serve as a textbook and teaching reference for upper-level undergraduate and graduate students in economics and management at universities and colleges. It is also suitable for reading and reference by professionals with relevant expertise in management and research.