Accession Number:

AD0604145

Title:

A BAYES MODEL IN SEQUENTIAL DESIGN

Descriptive Note:

Corporate Author:

RAND CORP SANTA MONICA CA

Personal Author(s):

• Karlin, Samuel
• Johnson, S. M.

Report Date:

1954-01-04

Pagination or Media Count:

30.0

Abstract:

This paper is concerned with the Bayes problem of how to maximize the expected number of successes in N trials when at each trial we are free to choose between two machines I and II whose probabilities rho sigma of success are unknown but have a known a priori distribution Frho sigma.

Descriptors:

• *DECISION THEORY
• *SEQUENTIAL ANALYSIS
• BAYES THEOREM
• DISTRIBUTION THEORY
• FUNCTIONS(MATHEMATICS)
• GAME THEORY
• PROBABILITY

Subject Categories:

• Operations Research

Distribution Statement:

APPROVED FOR PUBLIC RELEASE