Is the average run length performance of a control chart a more meaningful measure of performance than the type I and type II error probabilities? What information does ARL convey that the statistical error probabilities do not?

Is the average run length performance of a control chart a more meaningful measure of performance than the type I and type II error probabilities? What information does ARL convey that the statistical error probabilities do not?

This problem has been solved!


Do you need an answer to a question different from the above? Ask your question!
Related Book For  answer-question
Posted Date: November 06, 2015 03:11:08