We report an experiment in which subjects are not indifferent between real-money lotteries implemented with randomization devices that are equivalent under the Reduction Axiom. Instead, choice behavior is consistent with subjective distortion of conditional probability, and this persists in...

The evidence-based perspective to sample size estimation determines appropriate trial size by examining its potential impact on the literature. This approach is extended to determine the appropriate size of a planned cluster randomized trial by considering the role of the planned trial on a...

Purpose – The purpose of this paper is to propose a methodology that may aid in assessing ecological quality multi‐trait screening through the use of simple and robust tools while exerting minimal effort in conducting trials and interpreting results. Design/methodology/approach – Response...

This paper is concerned with characterizing the transient behavior of general queueing systems, which is widely known to be notoriously difficult. The objective is to develop a statistical methodology, integrated with extensive offline simulation and preliminary queueing analysis, for the...

Six Sigma provides the opportunity and discipline to eliminate mistakes, improve morale, and save money (Henderson and Evans, 2000). Doing things right in the first time and keeping them consistently is the only idea behind Six Sigma. Its fundamental objective is to achieve customer satisfaction...