Bayes Sampling Procedure for the Determination of Fixed Size Samples from Infinite and Finite Populations,
Abstract
The paper examines Bayes sampling procedures for determining fixed sample sizes from infinite and finite populations. Results of this examination reveal that: (1) Optimal Bayesian sampling can result in a substantial cost savings provided that accurate assessments of the relative system costs are made. (2) Traditional methods of sampling from distributions formed using subjective information are promising but further mathematical analysis is needed. (3) An extensive-form Bayesian method of optimal Bernoulli sampling is used on an actual surveillance problem at NAD Crane. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- May 01, 1971
- Accession Number
- AD0724293
Entities
People
- Larry J. Massa