A Survey of Prediction Intervals and Their Applications

Article

Hahn, Gerald J.; Nelson, Wayne   (1973, ASQC)   General Electric Corporate Research and Development, Schenectady, NY

Journal of Quality Technology    Vol. 5    No. 4
QICID: 5149    October 1973    pp. 178-188
List $10.00
Member $5.00

FOR A LIMITED TIME, ACCESS TO THIS CONTENT IS FREE!
You will need to be signed in.
New to ASQ? Register here.

Article Abstract

In many practical problems in industry, it is desired to use the results of a previous sample to predict the results of a future sample. For example, data on warranty costs on large motors over the past three years are to be used for planning purposes to obtain limits that will contain the warranty cost in the coming year with a high probability. Such problems can be handled by statistical prediction intervals. This paper presents methods, many developed only recently, for obtaining such intervals in sampling from normal, exponential, binomial, Poisson and other populations. Uses of the methods and specific applications are emphasized.

Keywords

Prediction intervals,Statistics,Poisson distribution,Normal distribution,Statistical methods,Distribution-free procedures,Prediction


Browse QIC Articles Chronologically:     Previous Article     Next Article

New Search

Featured advertisers





ASQ is a global community of people passionate about quality, who use the tools, their ideas and expertise to make our world work better. ASQ: The Global Voice of Quality.