A New Method of Estimating the Process Capability Index with Exponential Distribution Using Interval Estimate of the Parameter

Autor: Sai Sarada Vedururu, M. Subbarayudu, K. V. S. Sarma
Rok vydání: 2019
Předmět:
Zdroj: Stochastics and Quality Control. 34:95-102
ISSN: 2367-2404
2367-2390
DOI: 10.1515/eqc-2019-0005
Popis: This paper deals with a new method of deriving the Process Capability Index (PCI) when the quality characteristic X follows a positively skewed distribution. The focus of the paper is to derive a new estimate of PCI by taking into account the {100(1-{\alpha})} Confidence Intervals (CI) of the parameter (s) and arriving at a new expression. The formula {{C}_{{s}}} , proposed by Wright (1995) which contains a component for skewness, is reexamined and a new estimate is constructed by utilizing the lower, middle and upper values of the CI of the parameter. The weighted average of the three possible estimates of {{C}_{{s}}} is proposed as the new estimate by taking the weights inversely proportional to the squared deviation from the hypothetical value of {{C}_{{s}}} . The properties of the estimate are studied by simulation using one parameter exponential distribution.
Databáze: OpenAIRE
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