Communication in Statistics- Theory and Methods · 2012 · 19 citations · 21 references
EngineeringData ScienceStatistical AnalysisCopulasRare Event EstimationSpatio-temporal ModelBusinessMonitoring Rare EventsControl ChartCopula FunctionMultivariate AnalysisStatisticsFunctional Data AnalysisAttribute Control ChartData Modeling
One difficulty with developing multivariate attribute control charts is the lack of the related joint distribution. So, if it would be possible to generate the joint distribution of two (or more) attribute characteristics, then a bivaraite (or multivariate) attribute control chart can be developed based on Types I and II errors. Copula function is a solution to the matter. In this article, applying the copula function approach, we achieve the joint distribution of two correlated zero inflated Poisson (ZIP) distributions. Then, using this joint distribution, we develop a bivaraite control chart which can be used for monitoring correlated rare events. This copula-based bivariate ZIP control chart is compared with the simultaneous use of two separate univariate ZIP control charts. Based on the average run length (ARL) measure, it is shown that the proposed control chart is much better than the simultaneous use of two separate univariate charts. In addition, a real case study related to the environmental air in a sterilization process is investigated to show the applicability of the developed control chart.
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Random variables, joint distribution functions, and copulas
A. Sklar · Czech digital mathematics library · 1973 · 682 citations · Full text