A Note on Selecting the Better Binominal Population

S. S. Chitgopekar

International Journal of Mathematics and Mathematical Sciences, 1983, vol. 6, 1-7

Abstract:

An inverse sampling procedure is proposed for the problem of selecting the better of two treatments when the responses are dichotomous. This procedure is particularly useful when it is desired to limit the number of failures during the decision making stage. The regret function of the procedure is derived and it is shown that this procedure has a minimax regret property when compared to a fixed sample procedure studied by Pradhan and Sathe [2]. Numerical evidence indicates that this procedure dominates the fixed sample procedure of Pradhan and Sathe over the entire parameter space.

Date: 1983
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Persistent link: https://EconPapers.repec.org/RePEc:hin:jijmms:718643

DOI: 10.1155/S0161171283000125

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