The article introduces a novel Bayesian AEWMA Control Chart that integrates different loss functions (LFs) like the square error loss function and Linex loss function ...
Statistical Process Control (SPC) aims to achieve two primary objectives: first, it seeks to detect deviations in performance from the ideal state, and second, it aims to determine the underlying ...
Sampling is a technique in which samples are drawn at random (without any favor or bias). For this, suitable measures or procedures may be laid down and adopted according to the nature and ...
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