Aggregated parameter update schemes for monitoring binary profiles

Yifan Li1, Chunjie Wu1, Zhijun Wang1

  • 1School of Statistics and Management, Shanghai University of Finance and Economics, Shanghai, People's Republic of China.

PubMed
Summary

This study introduces a new recursive update strategy for statistical process control, improving parameter estimation and monitoring for massive datasets. The novel approach enhances efficiency in modern complex processes.

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