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Sequential Analysis

Published in The New Palgrave Dictionary of Economics • Jan 1, 2008
NobleIDNI7P72W94R25S53
Authors:
James O. Berger

Abstract

Data often arrives sequentially, rather than as a collection. When this occurs – or when the experiment can be designed so that this occurs – there can be a considerable advantage in using statistical methods, called sequential analysis, that are tailored to such situations. Classical frequentist st...

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