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The Precision of Binary Measurement Methods

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Empirical Economic and Financial Research

Part of the book series: Advanced Studies in Theoretical and Applied Econometrics ((ASTA,volume 48))

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Abstract

In analogy to quantitative measurement methods the precision of binary measurement methods used in a population of laboratories can be characterised by the repeatability standard deviation and the reproducibility standard deviation of the probability of detection, POD. In order to estimate these standard deviations an interlaboratory experiment with k laboratories, each performing n repeated binary measurements at identical samples, is carried out according to ISO 5725-2 and analysed with a one-way analysis of variance. The variance estimates are, e.g., used for a test of equal POD of all laboratories and for the determination of a 90 %-expectation tolerance interval for the PODs of the laboratories.

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Notes

  1. 1.

    The following results also hold for discrete random variables P. However, for the sake of simplicity only the case of a continuous random variable P is considered.

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Correspondence to Peter-Th. Wilrich .

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Wilrich, PT. (2015). The Precision of Binary Measurement Methods. In: Beran, J., Feng, Y., Hebbel, H. (eds) Empirical Economic and Financial Research. Advanced Studies in Theoretical and Applied Econometrics, vol 48. Springer, Cham. https://doi.org/10.1007/978-3-319-03122-4_14

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