Omitting meaningless digits in point estimates: The probability guarantee of leading-digit rules

Operations Research

Volumn 57, Issue 1, 2009, Pages 109-117

  Song, Wheyming T ^a   Schmeiser, Bruce W ^b  

^a NATIONAL TSING HUA UNIVERSITY   (Taiwan)

^b SCHOOL OF INDUSTRIAL ENGINEERING   (United States)

Author keywords

Point estimator; Standard error; Statistical experiments

Indexed keywords

PERFORMANCE MEASURES; POINT ESTIMATES; POINT ESTIMATOR; PROBABILISTIC BEHAVIORS; STANDARD ERROR; STATISTICAL EXPERIMENTS;

EXPERIMENTS; PARAMETER ESTIMATION; STANDARDS;

PROBABILITY DENSITY FUNCTION;

EID: 61449262802     PISSN: 0030364X     EISSN: 15265463     Source Type: Journal    
DOI: 10.1287/opre.1080.0529     Document Type: Article

References (3)

1. Lewis, P. A. W., E. J. Orav. 1989. Simulation Methodology for Statisticians, Operations Analysts, and Engineers, Vol. 1. Wadsworth & Brooks/Cole, Pacific Grove, CA.
2. Song, W. T., B. W. Schmeiser. 1994. Reporting the precision of simulation experiments. S. Morito, H. Sakasegawa, K. Yoneda, M. Fushimi, K. Nakano, eds. New Directions in Simulation for Manufacturing and Communications. Operations Research Society of Japan, Tokyo, 402-407.
3. Yoneda, K. 1996. Optimal number of digits to report. J. Oper. Res. Soc. Japan 39(3) 424-434.