Preprint #97-2

The Variable-Sample-Size-Sequential Probability Ratio Test (VPRT): An Entry in the Encyclopedia of Statistical Sciences (Update)

by

Noel Cressie and Peter B. Morgan

A concise review is given of Bayesian sequential analysis, where optimization is also carried out over a sample-size rule. The result is an optimal procedure known as the VPRT that, under many circumstances, is superior to the well-known SPRT.


Copies of preprints are available from the author upon request. Use the preprint number (located at the top of the page) and make the request directly to the author, Iowa State University, Department of Statistics, Snedecor Hall, Ames, IA 50011-1210.