Sequential Analysis:
We
seen that in NP theory of testing hypothesis or in the parametric test n is the
sample size and is regarded as fixed and the value of α fixed , we minimize the
value of β.
But in the sequential analysis theory invented
by A Wald in sequential analysis n is the sample number is not fixed but the
both values α and β are fixed as constant.
Sequential Probability Ratio Test:
(SPRT):
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