More data or better data? A statistical decision problem

Keyphrases

• Decision Problems 100%
• Low-cost Method 100%
• Statistical Decision 100%
• High Cost 66%
• Process Yield 66%
• Sampling Process 66%
• Sampling Design 66%
• Partial Identification 33%
• Data Quality 33%
• Low Quality Data 33%
• Finite Sample 33%
• Non-response 33%
• Decision Maker 33%
• Value Outcomes 33%
• Mean Square Error 33%
• State of Nature 33%
• Statistical Decision Theory 33%
• Minimax Regret 33%
• Cost Process 33%

Mathematics

• Sample Design 100%
• Statistical Decision Problem 100%
• Random Sample 50%
• Mean Square Error 50%
• Sample Realization 50%
• Minimax 50%
• Square Loss 50%
• True State 50%
• Minimizes 50%
• Statistical Decision Theory 50%
• Nonresponse 50%
• Decision Maker 50%

Computer Science

• Decision Problem 100%
• Sampling Process 100%
• Low Data Quality 50%
• Collected Data 50%
• Decision Maker 50%
• Decision Theory 50%