Control Charts for the Variance and Coefficient of Variation Based on Their Predictive Distribution

Autor: Ulrich Menzefricke
Rok vydání: 2010
Předmět:
Zdroj: Communications in Statistics - Theory and Methods. 39:2930-2941
ISSN: 1532-415X
0361-0926
Popis: This article develops a control chart for the variance of a normal distribution and, equivalently, the coefficient of variation of a log-normal distribution. A Bayesian approach is used to incorporate parameter uncertainty, and the control limits are obtained from the predictive distribution for the variance. We evaluate this control chart by examining its performance for various values of the process variance.
Databáze: OpenAIRE