Statistical Inference for Decision Science

Statistical Inference
Uncertainty
Lecture Notes
Decision Science

This course turns statistical foundations into formal tools for inference. The emphasis is on what can be learned from data, how uncertainty should be quantified, and how inferential claims should be reported when decisions are at stake.

By the end, a reader should be able to explain sampling distributions, use likelihood-based reasoning, construct and interpret confidence intervals and tests, compare frequentist and Bayesian viewpoints, handle model uncertainty, and write inference reports that are honest about assumptions and limits.

Coverage comparison plot for Wald, likelihood, and bootstrap confidence intervals

Figure: Empirical interval coverage across scenarios, illustrating that uncertainty methods must be matched to the decision setting (adapted from Lecture 04: Confidence Intervals: Wald, Likelihood, and Bootstrap).

Lecture Sequence

01. From Data to Inference

This lecture connects From Data to Inference to evidence strength, model assumptions, uncertainty, and stakeholder-facing recommendations.