• Mike West
  • Jeff Harrison
Part of the Springer Series in Statistics book series (SSS)


This book is concerned with modelling, learning and forecasting. A basic view of scientific modelling is that a model is any “simplified description of a system (etc.) that assists calculations and predictions” (Oxford English Dictionary). More broadly, a model is any scheme of description and explanation that organises information and experiences providing a means of learning and forecasting. The prime reason for modelling is to provide efficient learning processes which will enhance understanding and enable wise decisions.


Random Quantity Decision System Member Model Dynamic Linear Model Point Forecast 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© Springer Science+Business Media New York 1989

Authors and Affiliations

  • Mike West
    • 1
  • Jeff Harrison
    • 2
  1. 1.Institute of Statistics and Decision SciencesDuke UniversityDurhamUSA
  2. 2.Department of StatisticsUniversity of WarwickCoventryUK

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