Sequential Methods and Their Applications - ISBN:158488102X

Sequential Methods and Their Applications

Date: 27 April 2011, 07:54

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Taking an accessible, nonmathematical approach to this field, Sequential Methods and Their Applications illustrates the efficiency of sequential methodologies when dealing with contemporary statistical challenges in many areas.
Covers various methods of sequential analysis
The book first explores fixed sample size, sequential probability ratio, and nonparametric tests. It then presents numerous multistage estimation methods for fixed-width confidence interval as well as minimum and bounded risk problems. The book also describes multistage fixed-size confidence region methodologies, selection methodologies, and Bayesian estimation. Through diverse applications, each chapter provides valuable approaches for performing statistical experiments and facilitating real data analysis.
Apply the methodologies in practice
Functional in a variety of statistical problems, the authors’ interactive computer programs show how the methodologies discussedcan be implemented in data analysis. Each chapter offers examples of input, output, and their interpretations. Available online, the programs provide the option to save some parts of an output so readers can revisit computer-generated data for further examination with exploratory data analysis.
Through this book and its computer programs, readers will better understand the methods of sequential analysis and be able to use them in real-world settings.

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