Easily determining which urns are 'favorable' (Q1819512): Difference between revisions
From MaRDI portal
Set OpenAlex properties. |
m rollbackEdits.php mass rollback Tag: Rollback |
||
Property / full work available at URL | |||
Property / full work available at URL: https://doi.org/10.1016/0167-7152(87)90025-3 / rank | |||
Property / OpenAlex ID | |||
Property / OpenAlex ID: W1991230053 / rank | |||
Revision as of 10:37, 21 March 2024
scientific article
Language | Label | Description | Also known as |
---|---|---|---|
English | Easily determining which urns are 'favorable' |
scientific article |
Statements
Easily determining which urns are 'favorable' (English)
0 references
1987
0 references
The optimal sampling strategy for an urn, containing known numbers of plus and minus ones, can be simply described with the use of an empirically justified rule, based upon what appears to be a legitimate third-order asymptotic expansion of ''the optimal stopping boundary'' as the urn size goes to infinity. The rule performs exceedingly well. There is a known first-order asymptotic expansion due to \textit{L. A. Shepp} [Ann. Math. Stat. 40, 993-1010 (1969; Zbl 0177.223)]. The reader is invited to try to justify a second-order asymptotic expansion of a type described by \textit{H. Chernoff} and \textit{H. J. Petkau} [Ann. Probab. 4, 875-889 (1976; Zbl 0347.62064)]. The evidence presented in its support is very persuasive.
0 references
optimal sampling strategy
0 references
third-order asymptotic expansion
0 references
optimal stopping boundary
0 references