"Estimating σ and Improving Control Limits with RWAV for Normal and Non" by Xia Pan and Jeffrey E. Jarrett
 

Document Type

Article

Date of Original Version

2009

Department

Finance

Abstract

In this article, we compare the statistical properties of , , and RWAV methods for estimation of variance of a process for quality control purposes. We investigate effects of non-normality for different estimators. Our results indicate that RWAV gives the best estimates of the standard deviations for both normal and non-normal processes. We recommend the construction of control charts with RWAV.

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