The authors introduce the idea of asymmetrical tolerance intervals as an aid in fully assessing product performance relative to product or process requirements. Unused, misused, or misunderstood, ...

Tolerance intervals for discrete variables are widely used, especially in industrial applications. However, there is no thorough treatment of tolerance intervals when sampling without replacement.

The Annals of Statistics publishes research papers of the highest quality reflecting the many facets of contemporary statistics. Primary emphasis is placed on importance and originality, not on ...

This article introduces that the basic technique for tolerance interval is implemented using the conventional range 85–115% LC where the proposed range in the PF is not taken into account. The ...

To establish whether clinical-product quality remains constant when making a process change can be a challenging exercise. Limited data availability further complicates the assessment of whether the ...

Return volatility plays a crucial role in securities trading. This paper incorporates volatility forecasting via the exponentially weighted moving average model into traditional tolerance limits for ...

In this issue of The Journal of Risk Model Validation, we have the usual four papers, with Basel II/III clearly manifest in the first three. The final paper is more concerned with equity-trading ...