ARL Evaluation of a DEWMA Control Chart for Autocorrelated Data: A Case Study on Prices of Major Industrial Commodities
The double exponentially weighted moving average (DEWMA) control chart, an extension of the EWMA control chart, is a useful statistical process control tool for detecting small shift sizes in the mean of processes with either independent or autocorrelated observations. In this study, we derived expl...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Ital Publication
2023-10-01
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Series: | Emerging Science Journal |
Subjects: | |
Online Access: | https://www.ijournalse.org/index.php/ESJ/article/view/1748 |