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MV-optimality standardized through the coefficient of variation
Authors:J López-Fidalgo  MJ Rivas-López
Institution:1. Departamento de Matemáticas, E.T.S.I. Industriales, Universidad de Castilla la Mancha, Avda, Camilo José Cela 3, 13071 Ciudad Real, Spain;2. Departamento de Estadística, Facultad de Ciencias, Universidad de Salamanca, Plaza de los Caídos s/n, 37008 Salamanca, Spain
Abstract:Many of the usual criteria for optimal experimental designs do not take into account the different scale of the variance of the parameters. Dette 1997. Designing experiments with respect to “standardized” optimality criteria. J. Roy. Statist. Soc. Ser. B Stat. Methodol. 59(1), 97–110] provided a standardization based on the efficiencies for estimating each of the parameters. This approach provides designs with similar efficiencies for all of the parameters.
Keywords:62K05
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