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                                       Details for article 2 of 10 found articles
 
 
  Assessing risk for rare events
 
 
Title: Assessing risk for rare events
Author: Dewoody, Yssa
Gururaj, V. T.
Martin, Clyde
Appeared in: Journal of applied statistics
Paging: Volume 26 (1999) nr. 6 pages 681-687
Year: 1999-08-01
Contents: This paper develops a method for assessing the risk for rare events based on the following scenario. There exists a large population with an unknown percentage p of defects. A sample of size N is drawn from the population and, in the sample, 0 defects are drawn. Given these data, we want to determine the probability that no more than n defects will be found in another random sample of N drawn from the population. Estimates on the range of p and n are calculated from a derived joint distribution which depends on p, n and N. Asymptotic risk results based on an infinite sample are then developed. It is shown that these results are applicable even with relatively small sample spaces.
Publisher: Taylor & Francis
Source file: Elektronische Wetenschappelijke Tijdschriften
 
 

                             Details for article 2 of 10 found articles
 
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