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...

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Veröffentlicht in:Applied stochastic models in business and industry 2022-11, Vol.38 (6), p.1039-1048
Hauptverfasser: Alqawba, Mohammed, Kim, Jong‐Min, Radwan, Taha
Format: Artikel
Sprache:eng
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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