What is it about?
We develop a class of cusum-type statistics to monitor any aspect of a distribution.
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Why is it important?
Cusums are an important tool for monitoring industrial output. This enables one to monitor other aspects than the mean, such as the variance.
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This page is a summary of: A GENERAL CLASS OF CUSUM STATISTICS, Probability in the Engineering and Informational Sciences, March 2015, Cambridge University Press,
DOI: 10.1017/s0269964815000042.
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