Abstract
This paper uses estimated model parameters as inputs into multivariate quality control charts. The thickness of paper leaving a paper mill is measured at a high sampling rate, and these data are grouped into successive data segments. A stochastic model for paper is fitted to each data segment, leading to parameter estimates and information-based standard errors for these estimates. The estimated model parameters vary by more than one can be explained by the information-based standard errors, suggesting that the 'true' underlying parameters are not constant over time. A model is formulated for the true parameters in which the information matrix dictates the distribution for the observed parameters given the true parameters.
Original language | English (US) |
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Pages (from-to) | 173-184 |
Number of pages | 12 |
Journal | Applied Stochastic Models in Business and Industry |
Volume | 20 |
Issue number | 3 |
DOIs | |
State | Published - Jul 2004 |
Externally published | Yes |
Keywords
- Information matrix
- Multivariate control charts
- State space model
ASJC Scopus subject areas
- Applied Mathematics
- Statistics and Probability
- Management Science and Operations Research