How Long to Read The Bayesian Way: Introductory Statistics for Economists and Engineers

How Long Does it Take to Read The Bayesian Way: Introductory Statistics for Economists and Engineers?

It takes the average reader 8 hours and 36 minutes to read The Bayesian Way: Introductory Statistics for Economists and Engineers by Svein Olav Nyberg

Assuming a reading speed of 250 words per minute. Learn more

Description

A comprehensive resource that offers an introduction to statistics with a Bayesian angle, for students of professional disciplines like engineering and economics The Bayesian Way offers a basic introduction to statistics that emphasizes the Bayesian approach and is designed for use by those studying professional disciplines like engineering and economics. In addition to the Bayesian approach, the author includes the most common techniques of the frequentist approach. Throughout the text, the author covers statistics from a basic to a professional working level along with a practical understanding of the matter at hand. Filled with helpful illustrations, this comprehensive text explores a wide range of topics, starting with descriptive statistics, set theory, and combinatorics. The text then goes on to review fundamental probability theory and Bayes' theorem. The first part ends in an exposition of stochastic variables, exploring discrete, continuous and mixed probability distributions. In the second part, the book looks at statistical inference. Primarily Bayesian, but with the main frequentist techniques included, it covers conjugate priors through the powerful yet simple method of hyperparameters. It then goes on to topics in hypothesis testing (including utility functions), point and interval estimates (including frequentist confidence intervals), and linear regression. This book: Explains basic statistics concepts in accessible terms and uses an abundance of illustrations to enhance visual understanding Has guides for how to calculate the different probability distributions, functions , and statistical properties, on platforms like popular pocket calculators and Mathematica / Wolfram Alpha Includes example-proofs that enable the reader to follow the reasoning Contains assignments at different levels of difficulty from simply filling out the correct formula to the complex multi-step text assignments Offers information on continuous, discrete and mixed probability distributions, hypothesis testing, credible and confidence intervals, and linear regression Written for undergraduate and graduate students of subjects where Bayesian statistics are applied, including engineering, economics, and related fields, The Bayesian Way: With Applications in Engineering and Economics offers a clear understanding of Bayesian statistics that have real-world applications.

How long is The Bayesian Way: Introductory Statistics for Economists and Engineers?

The Bayesian Way: Introductory Statistics for Economists and Engineers by Svein Olav Nyberg is 512 pages long, and a total of 129,024 words.

This makes it 173% the length of the average book. It also has 158% more words than the average book.

How Long Does it Take to Read The Bayesian Way: Introductory Statistics for Economists and Engineers Aloud?

The average oral reading speed is 183 words per minute. This means it takes 11 hours and 45 minutes to read The Bayesian Way: Introductory Statistics for Economists and Engineers aloud.

What Reading Level is The Bayesian Way: Introductory Statistics for Economists and Engineers?

The Bayesian Way: Introductory Statistics for Economists and Engineers is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy The Bayesian Way: Introductory Statistics for Economists and Engineers?

The Bayesian Way: Introductory Statistics for Economists and Engineers by Svein Olav Nyberg is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

To buy The Bayesian Way: Introductory Statistics for Economists and Engineers by Svein Olav Nyberg on Amazon click the button below.