Sequential Methods and Their Applications

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Interactively Run Simulations and Experiment with Real or Simulated Data to Make Sequential Analysis Come AliveTaking an accessible, nonmathematical approach to this field, Sequential Methods and Their Applications illustrates the efficiency of sequential methodologies when dealing with contemporary statistical challenges in many areas.The book first explores fixed sample size, sequential probability ratio, and nonparametric tests. It then presents numerous multistage estimation methods for fixed-width confidence interval as well as minimum and bounded risk problems. The book also describes mu...