EconPapers    
Economics at your fingertips  
 

Neyman Measurement and Prediction Procedures

Elart von Collani, Dumitrescu Monica and Lepenis Rouven
Additional contact information
Elart von Collani: University of Würzburg, Sanderring 2, D-97070 Würzburg, Germany
Dumitrescu Monica: University of Bucharest, Faculty of Mathematics, Str. Academiei 14, 70 109 Bucharest, Romania
Lepenis Rouven: BMW AG, Moosacherstr. 23, D-80809 München, Germany

Stochastics and Quality Control, 2001, vol. 16, issue 1, 109-132

Abstract: Consider the following two situations which are characteristic for the application of statistical procedures.1.)There is a deterministic variable of interest , whose actual value θ∈ Θ is unknown.2.)There is a random variable of interest with uncertain outcome .The aim in the first situation is to determine the unknown actual value θ of the quantity of interest . In the second situation the aim is to make a prediction about the uncertain outcome of the random variable of interest . Thus, measurement procedure and a prediction procedures are needed.In this paper it is shown that appropriately defined the two problems are equivalent in the sense that any solution of the one problem implies a solution of the second problem. Moreover, a quality indicator is derived reflecting the degree of “fitness for use” of a given procedure and enabling definition and determination of “optimal” statistical procedures.In agreement with general scientific practice, but in contrast to traditional statistics, the measurement and prediction procedures are developed for a suitably specified bounded range for the admissible values of the deterministic variable .

Keywords: Measurement Procedure; Prediction Procedure; Measurement & Prediction Space; Quality Indicator; Procedure's Reliability (search for similar items in EconPapers)
Date: 2001
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1515/EQC.2001.109 (text/html)
For access to full text, subscription to the journal or payment for the individual article is required.

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:bpj:ecqcon:v:16:y:2001:i:1:p:109-132:n:1

Ordering information: This journal article can be ordered from
https://www.degruyter.com/journal/key/eqc/html

DOI: 10.1515/EQC.2001.109

Access Statistics for this article

Stochastics and Quality Control is currently edited by George P. Yanev

More articles in Stochastics and Quality Control from De Gruyter
Bibliographic data for series maintained by Peter Golla ().

 
Page updated 2025-03-19
Handle: RePEc:bpj:ecqcon:v:16:y:2001:i:1:p:109-132:n:1