We introduce a new methodology to categorize institutional herding tendency and direction, that enhances the precision with which herders are identified at the institutional level. The herders are the ones that follow the crowd both on the buy and sell trades, whereas anti-herders are the...

This brief communications aims at sharing the list of impact factor journals of 'Statistics & Probability' as per the Journal Citation Report 2011 released by Institute of Scientific Information. This would update the academia and practitioner on their information about the ranking of the...

In this paper, a group acceptance sampling plan (GASP) is introduced for the situations when lifetime of the items follows the generalized Pareto distribution. The design parameters such as minimum group size and acceptance number are determined when the consumer's risk and the test termination...

In this article, economic reliability acceptance sampling plan (ERASP) is developed for the Burr type XII distribution when the life test is truncated at pre-specified designed parameters. The minimum termination time is necessary to ensure that the specified life percentile is found under a...