A Comparison of Sampling Plans for Bayesian Estimation of a Poisson Process Rate.

Abstract

Bayes estimation of the arrival rate of a Poisson process is studied in this paper. For any loss function in the family L sub p, a simple sequential procedure Tau sub p is introduced which, based on the criterion of minimizing expected cost (estimation error plus sampling cost), is either optimal or asymptotically optimal. The procedure Tau sub p is compared to Type 1 and 2 censoring - the comparison should be useful to experimenters choosing between the three sampling plans.

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Document Details

Document Type
Technical Report
Publication Date
May 01, 1979
Accession Number
ADA070215

Entities

People

  • Robert L. Wardrop

Organizations

  • University of Wisconsin–Madison

Tags

Communities of Interest

  • Materials and Manufacturing Processes

DTIC Thesaurus Topics

  • Continents
  • Geographic Regions
  • Mathematics
  • Military Research
  • North America
  • North Carolina
  • Probability
  • Sampling
  • Statistics
  • United States
  • Universities
  • Wisconsin

Fields of Study

  • Mathematics

Readers

  • Life Cycle Cost Analysis
  • Statistical inference.

Technology Areas

  • AI & ML
  • AI & ML - Bayesian Inference
  • AI & ML - Machine Learning Algorithms