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Autor principal: Bourazas, Konstantinos
Formato: Preprint
Publicado: 2024
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Acceso en línea:https://arxiv.org/abs/2410.12736
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author Bourazas, Konstantinos
author_facet Bourazas, Konstantinos
contents In recent years, self-starting methods have garnered increasing attention in Statistical Process Control and Monitoring (SPC/M), as they offer real-time disorder detection without the need for a calibration phase (Phase I). This study focuses on evaluating parametric self-starting CUSUM-type control charts, specifically the Bayesian Predictive Ratio CUSUM (PRC) developed by Bourazas et al. (2023) and the frequentist alternative self-starting CUSUM proposed by Hawkins and Olwell (1998). The performance of these methods is thoroughly examined through an extensive simulation study under various scenarios involving a change in the mean of Normal data. Additionally, a prior sensitivity analysis for PRC is conducted. The work ands with concluding remarks summarizing the findings.
format Preprint
id arxiv_https___arxiv_org_abs_2410_12736
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle A comparative study of self-starting CUSUM control charts for location shifts
Bourazas, Konstantinos
Other Statistics
In recent years, self-starting methods have garnered increasing attention in Statistical Process Control and Monitoring (SPC/M), as they offer real-time disorder detection without the need for a calibration phase (Phase I). This study focuses on evaluating parametric self-starting CUSUM-type control charts, specifically the Bayesian Predictive Ratio CUSUM (PRC) developed by Bourazas et al. (2023) and the frequentist alternative self-starting CUSUM proposed by Hawkins and Olwell (1998). The performance of these methods is thoroughly examined through an extensive simulation study under various scenarios involving a change in the mean of Normal data. Additionally, a prior sensitivity analysis for PRC is conducted. The work ands with concluding remarks summarizing the findings.
title A comparative study of self-starting CUSUM control charts for location shifts
topic Other Statistics
url https://arxiv.org/abs/2410.12736