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The operation, design, and performance of this chart are described.
However, important questions remained unanswered regarding the practical implementation as well as the performance of this chart.
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We show how to evaluate the performance of this control chart and give design recommendations.
On the other hand, the statistically constrained economic design of MEWMA chart is to determine the chart parameters such that a cost function is minimized while the statistical performance of the chart is maintained at a desire level.
An extensive simulation study is done on the performance of the chart including a detailed comparison with a number of existing control charts, including the traditional EWMA chart for subgroup averages and some nonparametric charts i.e. runs-rules enhanced Shewhart-type SR charts and the NPEWMA chart based on signs.
The investigators carried out spot checks to monitor the performance of the chart abstractors.
The "one night only" reunion performance of the chart-topping boyband, whose career spanned almost a decade from the mid-1990s, was the seen as the highlight of the annual awards show.
A Markov chain methodology is used to evaluate the statistical performance of these charts.
A Performance Comparison Index, PCI, is also proposed as the measure of the relative overall performance of the charts.
Over a given time period, small shifts were purposely implemented to test the performance of the charts.
The average time to signal (ATS) and false positive rate (FPR) were taken as classification parameters to evaluate the performance of the charts.
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