One-sided cumulative sum control chart for monitoring shifts in the shape parameter of Pareto distribution
Suleman Nasiru
International Journal of Productivity and Quality Management, 2016, vol. 19, issue 2, 160-167
Abstract:
One-sided CUSUM control chart have been developed for detecting shifts in the shape parameter of a Pareto distribution. It was realised that the parameters of the CUSUM chart, the lead distance and the mask angle changes considerably for a slight shift in the shape parameter of the Pareto distribution. The ARL also changes considerably for a slight shift in the parameters of the distribution.
Keywords: one-sided CUSUM control charts; shift monitoring; Pareto distribution; shape parameter; lead distance; mask angle; ARL; average run length; SPC; statistical process control. (search for similar items in EconPapers)
Date: 2016
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