Uniform Improvements on the Certainty Equivalent Rule in a Statistical Control Problem.
Abstract
The problem considered arises when it is desired to choose values for design variables in a linear model so that the resulting dependent random variable will be close to a prescribed constant. A decision theoretic analysis is considered. Control procedures which dominate, in risk, the commonly used certainty equivalent rule are presented. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Dec 01, 1981
- Accession Number
- ADA111323
Entities
People
- L. Mark Berliner
Organizations
- Ohio State University