Methods and evaluations for surveillance in industry, business, finance, and public health
AbstractAn overview on surveillance in different areas is given. Even though methods have been developed under different scientific cultures, the statistical concepts can be the same. When the statistical problems are the same, progress in one area can be used also in other areas. The aim of surveillance is to detect an important change in an underlying process as soon as possible after the change has occurred. In practice, we have complexities such as gradual changes and multivariate settings. Approaches to handling some of these complexities are discussed. The correspondence between the measures for evaluation and the aims of the ap-plication is important. Thus, the choice of evaluation measure deserves attention. The com-monly used ARL criterion should be used with care.
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Bibliographic InfoPaper provided by Statistical Research Unit, Department of Economics, School of Business, Economics and Law, University of Gothenburg in its series Research Reports with number 2011:3.
Length: 18 pages
Date of creation: 10 Feb 2011
Date of revision:
Publication status: Published as Frisén, Marianne, 'Methods and evaluations for surveillance in industry, business, finance, and public health' in Quality and Reliability Engineering International, 2011, pages 611-621.
Contact details of provider:
Postal: Statistical Research Unit, University of Gothenburg, Box 640, SE 40530 GÖTEBORG
Web page: http://www.statistics.gu.se/
expected delay; gradual change; likelihood ratio; monitoring; multivariate surveillance;
Find related papers by JEL classification:
- C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-02-19 (All new papers)
- NEP-CIS-2011-02-19 (Confederation of Independent States)
- NEP-ECM-2011-02-19 (Econometrics)
- NEP-HEA-2011-02-19 (Health Economics)
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