A closer look at the distribution of number needed to treat by Thabane L.

By Thabane L.

Show description

Read Online or Download A closer look at the distribution of number needed to treat (NNT) a Bayesian approach (2003)(en)(6s) PDF

Similar probability books

Level crossing methods in stochastic models

Considering its inception in 1974, the extent crossing procedure for examining a wide classification of stochastic versions has turn into more and more well known between researchers. This quantity strains the evolution of point crossing concept for acquiring likelihood distributions of kingdom variables and demonstrates answer equipment in numerous stochastic types together with: queues, inventories, dams, renewal versions, counter versions, pharmacokinetics, and the typical sciences.

Structural aspects in the theory of probability

The e-book is conceived as a textual content accompanying the conventional graduate classes on chance idea. an immense function of this enlarged model is the emphasis on algebraic-topological features resulting in a much wider and deeper realizing of easy theorems akin to these at the constitution of continuing convolution semigroups and the corresponding approaches with self reliant increments.

Steps Towards a Unified Basis for Scientific Models and Methods

Tradition, in truth, additionally performs a big function in technology that is, according to se, a mess of alternative cultures. The booklet makes an attempt to construct a bridge throughout 3 cultures: mathematical records, quantum idea and chemometrical equipment. in fact, those 3 domain names shouldn't be taken as equals in any experience.

Additional info for A closer look at the distribution of number needed to treat (NNT) a Bayesian approach (2003)(en)(6s)

Example text

For example, we could inspect and then decide whether to sell the product (Exercise 3). This often leads to tolerance settings and is the focus of much of quality control. The general stochastic program provides a framework for uniting design and quality control. Many loss functions can be used to measure performance degradation to help improve designs in their initial stages. These functions may include the stress and performance penalties described earlier, the Taguchi-type quadratic loss, or methods based on reliability characterizations.

0719, x ¯(ξ) ¯ x ¯, ξ) At first glance, it appears that this solution obtains a better expected profit than the stochastic problem solution. However, as we shall see in Chapter 9 on approximations, this deterministic problem paints an overly optimistic picture of the actual situation. The deterministic objective is (in the case of concave maximization) always an overestimate of the actual expected profit. 79. 73. In other words, solving the stochastic program yields z ∗ − z(w, an expected profit increase over solving the deterministic problem.

The eight scenarios are represented by the tree in Figure 3. The scenario tree divides into branches corresponding to different realizations of the random returns. Because Scenarios 1 to 4, for example, have the same 22 1. Introduction and Examples FIGURE 3. Tree of scenarios for three periods. 2 Financial Planning and Control 23 return for t = 1, they all follow the same first branch. Scenarios 1 and 2 then have the same second branch and finally divide completely in the last period. To show this more explicitly, we may refer to each scenario by the history of returns indexed by st for periods t = 1, 2, 3 as indicated on the tree in Figure 3.

Download PDF sample

Rated 4.29 of 5 – based on 29 votes