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Viac informácií o knihe Best Business Practices for Optimizing Producer's and Consumer's Risks

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• Anotácia kniha
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Nákupom získate 96 bodov

Anotácia knihy

What should constitute suitably the cost-optimal values of alpha and beta in tests of hypotheses regarding the producer's and consumer's risks in a business setting? This is not a question to answer unequivocally for all situations. When establishing a test procedure to investigate statistically the credibility of a stated hypothesis, several factors must be considered one of which is the size of the sample. However, the most significant of all these factors is unquestionably to optimize Type I and II errors. Statisticians have by rule of thumb selected, such as =0.05, none for beta depending on the alternative hypothesis at hand. Although, common logic usually played a major role such as in the case of testing null hypothesis of the patient being sick needs a fairly significant size of type I error lest we lose the patient if we reject that she is sick while she truly is sick and probably dying. But all these previous up-to-date arguments are not somewhat connected with cost or utility of producer's and consumer's risks in the sense of quality control or life sciences or in the cyber-risk domain or other manufacturing industries while testing a hypothesis of a good product vs. bad.

Parametre knihy

• Celý názov: Best Business Practices for Optimizing Producer's and Consumer's Risks
• Podnázov: Innovating Type-I and Type-II Error Probabilities with Game-Theory for Realistic OC Curves in Acceptance Sampling Plans
• Autor: Mehmet Sahinoglu
• Jazyk: Angličtina
• Väzba: Brožovaná
• Počet strán: 68
• EAN: 9786135830316
• ID: 18939575
• Nakladateľ: LAP Lambert Academic Publishing
• Hmotnosť: 119 g
• Rozmery: 220 × 150 × 4 mm
• Rok vydania: 2018

Obľúbené z iného súdka

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