Strategic interaction parameters characterize the impact of actions of one economic agent on the payoff of another economic agent. In this paper we study how the information available to economic agents regarding other economic agents can influence the ability of an econometrician to recover strategic information parameters from the observed actions. We consider two extreme cases: the complete ...

Statistically constrained economic design for profiles usually refers to the selection of some parameters such as the sample size, sampling interval, smoothing constant, and control limit for minimizing the total implementation cost while the designed profiles demonstrate a proper statistical performance. In this paper, the Lorenzen-Vance function is first used to model the implementation...

A Confounder is a variable whose presence affects the variables being studied so that the results do not reflect the actual relationship. There are various ways to exclude or control confounding variables including Randomization, Restriction and Matching. But all these methods are applicable at the time of study design. When experimental designs are premature, impractical, or impossible, resear...

A well-designed sampling plan can greatly enhance the information that can be produced from a survey. Once a broad sample design is identified, specific design parameters such as sample sizes and selection probabilities need to be chosen. This is typically achieved using an optimal sample design, which minimises the variance of a key statistic or statistics, expressed as a function of design pa...

1. The need for statistical data analysis 2. Principles of statistical analysis 2.1. Probability – The Foundation of Statistics 2.2. Basic Axioms of Probability Theory Based on Set Theory. 2.3. Types of Probability Distributions 2.4. Outcome and Expectation 2.5. Estimation and Statistical Inference 2.6. Estimators and their Distributions 3. Strategies for statistical data analysis 3.1. Hypothes...

Control charts are extensively used in manufacturing contexts to monitor production processes. This article illustrates economical design of a variable sample size and control limit Hotelling’s T2 control chart based on a novel cost model when occurrence times of the assignable causes are exponentially distributed. The proposed nonlinear cost model is an extension of Duncan’s (J Am Stat ...

in zero acceptance number sampling plans, the sample items of an incoming lot are inspected one by one. the proposed method in this research follows these rules: if the number of nonconforming items in the first sample is equal to zero, the lot is accepted but if the number of nonconforming items is equal to one, then second sample is taken and the policy of zero acceptance number would be appl...