EconPapers    
Economics at your fingertips  
 

Stopping Rules for Sequences of Factorial Designs

S. G. Gilmour and R. Mead

Journal of the Royal Statistical Society Series C, 1995, vol. 44, issue 3, 343-355

Abstract: When the sequential design of response surface and fractional factorial experiments was introduced in the 1950s, the question of deciding when to stop was raised but not answered. In this paper the decision is made using a Bayesian analysts, by obtaining the posterior distribution of the difference between the optimal response and the response from the predicted optimum. The experimentation is stopped, for example, when the mean of this posterior distribution falls below a specified value. The method works best if the variances of the prior distribution are not too low.

Date: 1995
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://doi.org/10.2307/2986041

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:jorssc:v:44:y:1995:i:3:p:343-355

Ordering information: This journal article can be ordered from
http://ordering.onli ... 1111/(ISSN)1467-9876

Access Statistics for this article

Journal of the Royal Statistical Society Series C is currently edited by R. Chandler and P. W. F. Smith

More articles in Journal of the Royal Statistical Society Series C from Royal Statistical Society Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().

 
Page updated 2025-03-19
Handle: RePEc:bla:jorssc:v:44:y:1995:i:3:p:343-355