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I need to study for a certain job admission test and one of the topics is Estimation and decision theory". So my question is: what likely is that I'm going to have to study? I was thinking on interval estimation and hypothesis testing but is that all? Or is there something I'm missing?

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  • $\begingroup$ Check out the first chapters of classics by Duda & Hart, Chris Bishop, David Barber et alii $\endgroup$ Feb 9 '17 at 19:28
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    $\begingroup$ Make sure you understand what is the topic about, learn the important jargon, reasoning, know simple examples and if possible -- remember important formulas and be sure to be able to explain them. Argumenting about shortcomings, more recent works would be a bonus. $\endgroup$ Feb 9 '17 at 19:30
  • $\begingroup$ Thanks @xeon. I would recommend the updated Duda, Hart and Stork, including its new Chapter 8. $\endgroup$ Feb 9 '17 at 20:30
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"Estimation and decision theory" may fall under the topic of statistical inference. A quick Google search for "estimation and decision theory" will give you many ideas. The main concepts/methods may include: hypothesis testing, maximum likelihood estimation, decision-making under uncertainty, and perhaps Bayesian estimation methods.

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