Showing 1 - 10 of 10
The choice of the appropriate linear model before this can be used for planning and decision making, has been the concern of many statistical workers. Most of the methods in the literature aim at evaluating the descriptive ability of the candidate models. In the present paper an evaluation...
Persistent link: https://www.econbiz.de/10005835399
In this paper, an evaluation method is suggested for selecting one of two competing models based on certain predictive ability ratings. The main focus is on the case of linear models that are not necessarily nested. In the context of such models, the test procedure is based on a sample statistic...
Persistent link: https://www.econbiz.de/10005835827
Control charts are extensively used in many real world applications. Since process parameters are rarely known, common practice is to estimate them. Then, the control limits are modified and become actually random variables. In this paper, we deal with the univariate control charts for...
Persistent link: https://www.econbiz.de/10005836234
The paper deals with a distribution that arises as the distribution of a sample statistic used to compare the predictive ability of two competing linear models. It is defined as the distribution of the ratio of two correlated gamma variables and its probabilities are tabulated in order that they...
Persistent link: https://www.econbiz.de/10005836553
The Shewhart, Bonferroni-adjustment and analysis of means (ANOM) control chart are typically applied to monitor the mean of a quality characteristic. The Shewhart and Bonferroni procedure are utilized to recognize special causes in production process, where the control limits are constructed by...
Persistent link: https://www.econbiz.de/10005837132
The EWMA control chart is used to detect small shifts in a process. It has been shown that, for certain values of the smoothing parameter, the EWMA chart for the mean is robust to non normality. In this article, we examine the case of non normality in the EWMA charts for the dispersion. It is...
Persistent link: https://www.econbiz.de/10005837256
The Shewhart and the Bonferroni-adjustment R and S chart are usually applied to monitor the range and the standard deviation of a quality characteristic. These charts are used to recognize the process variability of a quality characteristic. The control limits of these charts are constructed on...
Persistent link: https://www.econbiz.de/10005789614
The paper considers the problem of selecting one of two not necessarily nested competing regression models based on comparative evaluations of their abilities in each of two different issues: The first pertains to viewing the problem as a “best-fitting” model determination problem in the...
Persistent link: https://www.econbiz.de/10005619543
Measurement error is a usually met distortion factor in real-world applications that influences the outcome of a process. In this paper, we examine the effect of measurement error on the ability of the EWMA control chart to detect out-of-control situations. The model used is the one involving...
Persistent link: https://www.econbiz.de/10005621235
Control Charts are the main tools of Statistical Process Control. They are used for deciding whether a process is statistically stable or not. Much theory and many applications have been developed for the Gaussian (Normal) distribution in this area. However, in real data sets we usually face up...
Persistent link: https://www.econbiz.de/10005621246