A theory of truncated inverse sampling

• Published in: Sequential analysis Vol. 37; no. 4; pp. 455 - 486
• Main Author: Chen, Xinjia
• Format: Journal Article
• Language: English
• Published: Philadelphia Taylor & Francis 02.10.2018; Taylor & Francis Ltd
• Subjects: Bounded random variable; confidence interval; Economic models; Estimating techniques; Monte Carlo estimation; nonasymptotic method; Random variables; Random walk; Sampling methods; sequential estimation; Truncated inverse sampling; Uncertainty

In this paper, we have established a new theory of truncated inverse sampling for estimating mean values of non-negative random variables such as binomial, Poisson, hyper-geometrical, and bounded variables. We have derived explicit formulas and computational methods for designing sampling schemes to...