Date of Award

2011

Publication Type

Master Thesis

Degree Name

M.Sc.

Department

Mathematics and Statistics

Keywords

Applied sciences, Pure sciences

Supervisor

Abdul Hussein

Rights

info:eu-repo/semantics/openAccess

Abstract

Monitoring changes in health care performances, financial markets, and industrial processes has recently gained momentum due to increased capability of computers and the availability of real-time data collection and storage software. As a consequence, there has been a growing demand in developing statistically rigorous methodologies for monitoring and change-point detection. In many practical situations, the data being monitored for the purpose of detecting changes, present serial correlations. Hussein (2011) is currently working on a new statistical procedure for monitoring changes in the coefficients of logistic regression model with AR( p)-type structure. The objective of this thesis is (a) to use Monte Carlo experiments to evaluate the average stopping times, probability of false alarm, and power of the proposed procedure; (b) to illustrate the usefulness of the method by using an IBM stock transactions data as well as data on rainfall.

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