Residual‐based cumulative sum charts to monitor time series of counts via copula‐based Markov models
Several scientific observations produce data that consist of serially dependent counts that are difficult to accurately analyze due to the absence of normality and the limited literature on dealing with such data. In this article, we propose a cumulative sum chart to monitor serially dependent count...
Gespeichert in:
Veröffentlicht in: | Applied stochastic models in business and industry 2022-11, Vol.38 (6), p.1039-1048 |
---|---|
Hauptverfasser: | , , |
Format: | Artikel |
Sprache: | eng |
Schlagworte: | |
Online-Zugang: | Volltext |
Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
Zusammenfassung: | Several scientific observations produce data that consist of serially dependent counts that are difficult to accurately analyze due to the absence of normality and the limited literature on dealing with such data. In this article, we propose a cumulative sum chart to monitor serially dependent counts using copula‐based Markov models. After reviewing such models, we introduce the randomized quantile residuals obtained from the Markov process. The proposed method is evaluated using a comprehensive simulation study and a real‐life example. Results suggested that the method is effective and easily implemented |
---|---|
ISSN: | 1524-1904 1526-4025 |
DOI: | 10.1002/asmb.2703 |