Simulation-Based Estimation of Proportions
| العنوان: | Simulation-Based Estimation of Proportions |
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| المؤلفون: | Kimmo Raatikainen |
| المصدر: | Management Science. 41:1202-1223 |
| بيانات النشر: | Institute for Operations Research and the Management Sciences (INFORMS), 1995. |
| سنة النشر: | 1995 |
| مصطلحات موضوعية: | 021103 operations research, Discretization, Computer simulation, discrete-event simulation, simultaneous estimation, run length control, Estimation theory, Strategy and Management, 0211 other engineering and technologies, 02 engineering and technology, Variance (accounting), Management Science and Operations Research, 01 natural sciences, Confidence interval, 010104 statistics & probability, Statistics, Inverse trigonometric functions, 0101 mathematics, Discrete event simulation, Spectral method, Mathematics |
| الوصف: | Simulated estimates for several proportions are needed in many simulation studies. We propose a method for controlling the length of a simulation run so that the proportions estimated satisfy a prespecified precision requirement. The method applies the arcsin transform in order to generate confidence intervals with the desired width. The Bonferroni inequality is applied in a new way to construct a rectangular confidence area for the proportions being estimated. Since we are using the Bonferroni inequality, we can use the existing methods developed for estimating the variance of a single mean. The properties of the method proposed depend on three factors: 1) the arcsin transform, 2) the proposed way of applying the Bonferroni inequality, and 3) the method for estimating the variance. We examine the effects that the transform and the way of applying the Bonferroni inequality have. Empirical results indicate that the method provides estimates that satisfy the prespecified precision requirement, when the spectral method is used to estimate the variances of the proportions. In addition, simulation runs, when estimating either several proportions or the corresponding mean, are about the same lengths. |
| تدمد: | 1526-5501 0025-1909 |
| URL الوصول: | https://explore.openaire.eu/search/publication?articleId=doi_dedup___::c72b4d690a698a0b8b1379b8ca5ec493 https://doi.org/10.1287/mnsc.41.7.1202 |
| حقوق: | OPEN |
| رقم الأكسشن: | edsair.doi.dedup.....c72b4d690a698a0b8b1379b8ca5ec493 |
| قاعدة البيانات: | OpenAIRE |
| تدمد: | 15265501 00251909 |
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