Analysis of sequential stopping rules
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Authors
Singham, Dashi I.
Schruben, Lee W.
Subjects
Advisors
Date of Issue
2009
Date
Winter 2009
Publisher
Language
en_US
Abstract
Sequential stopping rules applied to confidence interval procedures (CIPs) may lead to coverage that is less than nominal.
This paper introduces a method for estimating coverage functions analytically in order to evaluate the potential loss of
coverage. This method also provides an estimate for the distribution of the stopping time of the procedure. Knowledge of
coverage functions could help evaluate and compare confidence interval procedures while avoiding lengthy empirical testing.
Numerical implementation of our method shows that analytical coverage functions approximate those calculated empirically.
Analytical coverage functions can be used to explain why many sequential procedures do not provide adequate coverage.
Type
Conference Paper
Description
Refereed Conference Paper
Series/Report No
Department
Industrial Engineering & Operations Research
Organization
Naval Postgraduate School (U.S.)
Identifiers
NPS Report Number
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Format
Citation
D.I. Singham, L.W. Schruben, (2009) "Analysis of Sequential Stopping Rules," Proceedings of the 2009 Winter Simulation Conference. M.D. Rossetti, R.R. Hill, B. Johansson, A. Dunkin, and R.G. Ingalls, eds., pp. 723-730
Distribution Statement
Rights
This publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.