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Application of the sequential probability ratio test to verification of statistical hypotheses

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Pekasiewicz D., University of Łódź C. o. S. M.
Acta Universitatis Lodziensis. Folia Oeconomica
|
1997
|
vol. 141
EN
The paper deals with some problems concerning the sequential probability ratio tests (SPRT) and their application to verifying simple and composite statistical hypotheses. Besides properties and examples of SPRT, there are presented advantages o f this group of tests and reasons why we cannot always apply them in practice.
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