Multistage Estimation of Bounded-Variable Means
Statistics Theory
2009-04-27 v8 Probability
Applications
Statistics Theory
Abstract
In this paper, we develop a multistage approach for estimating the mean of a bounded variable. We first focus on the multistage estimation of a binomial parameter and then generalize the estimation methods to the case of general bounded random variables. A fundamental connection between a binomial parameter and the mean of a bounded variable is established. Our multistage estimation methods rigorously guarantee prescribed levels of precision and confidence.
Keywords
Cite
@article{arxiv.0809.4679,
title = {Multistage Estimation of Bounded-Variable Means},
author = {Xinjia Chen},
journal= {arXiv preprint arXiv:0809.4679},
year = {2009}
}
Comments
24 pages, no figure