The Efficiency of Sequential Estimates and Wald's Equation for Sequential Processes
The Efficiency of Sequential Estimates and Wald's Equation for Sequential Processes
Let $n$ successive independent observations be made on the same chance variable whose distribution function $f(x, \theta)$ depends on a single parameter $\theta$. The number $n$ is a chance variable which depends upon the outcomes of successive observations; it is precisely defined in the text below. Let $\theta^\ast(x_1, \cdots, x_n)$ …