When designing programs or software for the implementation of Monte Carlo (MC) hypothesis tests, we can save computation time by using sequential stopping boundaries. Such boundaries imply stopping ...

Let S0 be any sequential probability ratio test for deciding between two simple alternatives H0 and H1, and S1 another test for the same purpose. We define (i, j = 0, 1): αi (Sj) = probability, under ...

IDEALLY, any experiment should be terminated as soon as sufficient data are at hand to warrant the acceptance or rejection of the proposed hypothesis at an acceptable level of statistical significa ...