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1989•Calcutta Statistical Association BulletinRequires access

Selecting the Better of Two Binomial Populations: Optimal Decision Rules

Ishwari D. Dhariyal, Neeraj Misra, R.K.S. Rathorb

Open publisher page 2 citations

Abstract

Following Risko (1985), we consider tho problem characterizing minimax rules for selecting the better of two binomial populations with unequal samplesizes. We derive some necessary conditions for a rule to be globally minimax. We verify empirically that the restricted minimax rule of Risko satisfies these conditions.

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What this paper is about

Following Risko (1985), we consider tho problem characterizing minimax rules for selecting the better of two binomial populations with unequal samplesizes. We derive some necessary conditions for a rule to be globally minimax. We verify empirically that the restricted minimax rule of Risko satisfies these conditions.

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Available abstract

Following Risko (1985), we consider tho problem characterizing minimax rules for selecting the better of two binomial populations with unequal samplesizes. We derive some necessary conditions for a rule to be globally minimax. We verify empirically that the restricted minimax rule of Risko satisfies these conditions.

Key concepts: Minimax, Binomial (polynomial), Decision rule, Mathematics, Binomial distribution, Mathematical economics, Mathematical optimization, Econometrics

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