
Accession Number : AD0744999
Title : Confidence Intervals for the Ratio of Two Means with Application to Simulations.
Descriptive Note : Technical rept.,
Corporate Author : CONTROL ANALYSIS CORP PALO ALTO CALIF
Personal Author(s) : Crane,Michael A. ; Iglehart,Donald L.
Report Date : JUL 1972
Pagination or Media Count : 13
Abstract : In simulating stable stochastic systems one is frequently confronted by the need to produce confidence intervals for the ratio of the expected values of two random variables (r.v.'s). This situation arises, for example, when one simulates the general manyserver queue or stochastic systems modeled as Markov chains in either discrete or continuous time. The report derives a confidence interval for the ratio of two means which is a distinct improvement over an old method. Both the old and new confidence intervals are illustrated by numerical examples. (Author)
Descriptors : (*CONFIDENCE LIMITS, DETERMINATION), (*QUEUEING THEORY, PROBLEM SOLVING), (*STOCHASTIC PROCESSES, MATHEMATICAL MODELS), DISTRIBUTION FUNCTIONS, RANDOM VARIABLES, SAMPLING, THEOREMS
Subject Categories : Statistics and Probability
Operations Research
Distribution Statement : APPROVED FOR PUBLIC RELEASE