Estimation of a Probability with Guaranteed Normalized Mean Absolute Error
classification
🧮 math.ST
stat.TH
keywords
absoluteerrorestimationmeanprobabilitynormalizedapproacharbitrary
read the original abstract
The estimation of a probability p from repeated Bernoulli trials is considered in this paper. A sequential approach is followed, using a simple stopping rule. A closed-form expression and an upper bound are obtained for the mean absolute error of the unbiased estimator of p. The results given permit the estimation of an arbitrary probability with a prescribed level of normalized mean absolute error.
This paper has not been read by Pith yet.
discussion (0)
Sign in with ORCID, Apple, or X to comment. Anyone can read and Pith papers without signing in.